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12 U.S.C. § 1772b — Apportionment

submitted 92 years ago by Pub. L. 100-86 to r/title-12-BANKS-AND-BANKING · 46 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section exempts the Board's chapter-related funds and income from apportionment.

This section exempts the Board's chapter-related funds and income from apportionment.

Regardless of any other law, funds the Board receives through a method provided by this chapter, and interest, dividends, or other income from those funds, are not subject to apportionment for chapter 15 of title 31 or under any other authority.

the actual law source: uscode.house.gov ↗public domain

Notwithstanding any other provision of law, funds received by the Board pursuant to any method provided by this chapter, and interest, dividend, or other income thereon, shall not be subject to apportionment for the purpose of chapter 15 of title 31 or under any other authority.

Source credit: (June 26, 1934, ch. 750, title I, § 128, as added Pub. L. 100–86, title V, § 505(e), Aug. 10, 1987, 101 Stat. 633.)

history & why it existsrecord from the source credit
  • 1934Enacted · Pub. L. 100-86 · 101 Stat. 633

A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-86 on 1934-06-26.

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