12 U.S.C. § 1735 — Payment of certain funds to Treasury

The following funds must be treated an indebtedness to the United States of the particular insurance fund involved, and the Secretary is authorized and directed to pay the amount of that indebtedness to the Secretary of the Treasury, with simple interest thereon from the date the funds were advanced to the date of final payment at a rate determined by the Secretary of the Treasury, taking into consideration the average rate on outstanding marketable obligations of the United States from the date the funds were advanced until the date of final payment— (1) funds made available to the Secretary under the provisions of sections 1705 and 1708 of this title, exclusive of amounts heretofore refunded, (a) for carrying out this subchapter and section 484d of title 48 about mortgages insured under section 1709 of this title where that funds were credited to the general reinsurance account in the Mutual Mortgage Insurance Fund, and (b) for the payment of salaries and expenses about mortgage insurance under sections 1713 and 1715a of this title where that funds were credited to the Housing Insurance Fund; (2) funds made available to the Secretary under sections 1737 and 1748a of this title; and (3) funds made available to the Secretary by the Secretary of the Treasury under section 1747i of this title. Payments to the Secretary of the Treasury under this section must be made in that amounts and at that times as the Secretary determines, after consultations with the Secretary of the Treasury, that funds are available for that purpose, taking into consideration the continued solvency of the funds involved. All payments made under this section must be covered into the Treasury as miscellaneous receipts.