15 U.S.C. § 657k — Disaster processing redundancy

submitted 18 years ago by Pub. L. 85-536 to r/title-15-COMMERCE-AND-TRADE · 68 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Administrator must maintain a backup disaster-loan-processing facility that can take over within two days if the primary facility is unavailable. Congress may provide whatever funds are needed for this section.

(a) In general. The Administrator must ensure that a disaster-loan-processing facility can take over all processing from the primary facility within 2 days whenever the primary facility is unavailable. (b) Authorization of appropriations. Congress may appropriate whatever amounts are needed to carry out this section.

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

(a) In general

The Administrator shall ensure that the Administration has in place a facility for disaster loan processing that, whenever the Administration’s primary facility for disaster loan processing becomes unavailable, is able to take over all disaster loan processing from that primary facility within 2 days.

(b) Authorization of appropriations

There are authorized to be appropriated such sums as may be necessary to carry out this section.

Source credit: (Pub. L. 85–536, § 2[39], as added Pub. L. 110–234, title XII, § 12069, May 22, 2008, 122 Stat. 1411, and Pub. L. 110–246, § 4(a), title XII, § 12069, June 18, 2008, 122 Stat. 1664, 2173.)

history & why it existsrecord from the source credit

2008Enacted · Pub. L. 85-536 · 122 Stat. 1411

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-536 on 2008-05-22.

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