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48 U.S.C. § 1408b — Authorization of loans, conveyances, etc., by government and municipalities

submitted 76 years ago by ch. 466 to r/title-48-TERRITORIES-AND-INSULAR-POSSESSIONS · 83 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Virgin Islands government may support the authority with money, loans, property, facilities, and services. It may also authorize municipalities and other subdivisions to provide similar support for specified housing and redevelopment projects.

Through its legislative assembly, the Virgin Islands government may help the authority with cash donations, loans, transfers of real or personal property, facilities, services, and other assistance. It may authorize municipalities and other subdivisions to give the authority cash donations, loans, and real or personal property, and to take other helpful actions, including making facilities and services available or furnishing them, for slum clearance, urban redevelopment, urban renewal, or low-rent housing projects.
the actual law source: uscode.house.gov ↗public domain

The government of the Virgin Islands, through its legislative assembly, may assist such authority with cash donations, loans, conveyances of real and personal property, facilities, and services, and otherwise, and may authorize municipalities and other subdivisions to make cash donations, loans, conveyances of real and personal property to such authority, and to take other action, including but not limited to, the making available or the furnishing of facilities and services, in aid of slum clearance, urban redevelopment, urban renewal, or low-rent housing projects.

Source credit: (July 18, 1950, ch. 466, title III, § 303, 64 Stat. 347; Aug. 11, 1955, ch. 783, title I, § 107(5), 69 Stat. 638.)

history & why it existsrecord from the source credit
  • 1950Enacted · Act of July 18, 1950, ch. 466 · 64 Stat. 347
  • 1955Amended · Act of Aug. 11, 1955, ch. 783 · 69 Stat. 638

A history note hasn’t been published yet. The record shows enactment by ch. 466 on 1950-07-18.

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