12 U.S.C. § 1772c — Trust fund
submitted 92 years ago by Pub. L. 100-86 to r/title-12-BANKS-AND-BANKING · 40 words · no verdicts yet
This section treats all Board money as trust funds for a specified purpose. It applies beginning with fiscal year 1986 and continues afterward.
This section treats all Board* money as trust funds for a specified purpose. It applies beginning with fiscal year 1986 and continues afterward.
Regardless of any other law, all money belonging to the Board must be treated as trust funds for purposes of section 906(a)(2) of title 2. This section is effective for fiscal year 1986 and every fiscal year after it.
Notwithstanding any other provision of law, all moneys of the Board* shall be treated as trust funds for the purpose of section 906(a)(2) 1 of title 2. This section is effective for fiscal year 1986 and every fiscal year thereafter.
Source credit: (June 26, 1934, ch. 750, title I, § 129, as added Pub. L. 100–86, title VII, § 708, Aug. 10, 1987, 101 Stat. 653.)
- 1934Enacted · Pub. L. 100-86 · 101 Stat. 653
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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