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42 U.S.C. § 9822 — Availability of certain appropriated funds

submitted 45 years ago by Pub. L. 97-35 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 116 words · no verdicts yet

in plain englishAI-generated · not legal advice

Money appropriated to two former revolving loan funds, and interest accumulated in them, remains available for the specified Rural Development Loan Fund and Community Development Credit Union Revolving Loan Fund purposes. Rural Development Loan Fund money and interest must be deposited into the fund established by section 9812(c)(1).

(a) Funds appropriated to the Rural Development Loan Fund under title VII of the Economic Opportunity Act of 1964, as that title was in effect on August 12, 1981, and interest accumulated in that fund must be deposited into the Rural Development Loan Fund established under section 9812(c)(1) of this title. The money and interest remain available to carry out that fund’s purposes.

Funds appropriated to the Community Development Credit Union Revolving Loan Fund under title VII of the Economic Opportunity Act of 1964, as that title was in effect on August 12, 1981, and interest accumulated in that fund remain available to carry out that fund’s purposes.

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

Funds appropriated to the Rural Development Loan Fund under title VII of the Economic Opportunity Act of 1964 [42 U.S.C. 2981 et seq.] (as in effect on August 12, 1981), and interest accumulated in such fund, shall be deposited in the Rural Development Loan Fund established under section 9812(c)(1) of this title and shall continue to be available to carry out the purposes of such fund. Funds appropriated to the Community Development Credit Union Revolving Loan Fund under title VII of the Economic Opportunity Act of 1964 (as in effect on August 12, 1981), and interest accumulated in such fund, shall continue to be available to carry out the purposes of such fund.

Source credit: (Pub. L. 97–35, title VI, § 633, Aug. 13, 1981, 95 Stat. 498.)

history & why it existsrecord from the source credit
  • 1981Enacted · Pub. L. 97-35 · 95 Stat. 498

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-35 on 1981-08-13.

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