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12 U.S.C. § 4503Protection of taxpayers against liability

submitted 34 years ago by Pub. L. 102-550 to r/title-12-BANKS-AND-BANKING · 103 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

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

This chapter may not be construed as obligating the Federal Government, either directly or indirectly, to provide any funds to the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, or the Federal Home Loan Banks, or to honor, reimburse, or otherwise guarantee any obligation or liability of the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, or the Federal Home Loan Banks. This chapter may not be construed as implying that any such enterprise or Bank, or any obligations or securities of such an enterprise or Bank, are backed by the full faith and credit of the United States.

Source credit: (Pub. L. 102–550, title XIII, § 1304, Oct. 28, 1992, 106 Stat. 3944.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 102-550 · 106 Stat. 3944

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-550 on 1992-10-28.

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