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15 U.S.C. § 6763 — Federal funding prohibited

submitted 11 years ago by Pub. L. 106-102 to r/title-15-COMMERCE-AND-TRADE · 31 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section prohibits the Association from receiving, accepting, or borrowing federal money to establish or operate the Association.

The Association may not receive, accept, or borrow any amounts from the Federal Government to pay for, or reimburse, the Association for, the costs of establishing or operating the Association.

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

The Association may not receive, accept, or borrow any amounts from the Federal Government to pay for, or reimburse,1 the Association for, the costs of establishing or operating the Association.

Source credit: (Pub. L. 106–102, title III, § 333, as added Pub. L. 114–1, title II, § 202(a), Jan. 12, 2015, 129 Stat. 27.)

history & why it existsrecord from the source credit
  • 2015Enacted · Pub. L. 106-102 · 129 Stat. 27

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-102 on 2015-01-12.

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