§ 1701g-5a. — Transfer of New Communities Fund assets and liabilities.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1701g-5a]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
Sec. 1701g-5a. Transfer of New Communities Fund assets and
liabilities
The Secretary shall transfer all assets and liabilities of the fund
established pursuant to section 717 of the Housing and Urban Development
Act of 1970, as amended (42 U.S.C. 4518), to the Revolving fund
(liquidating programs) established pursuant to title II of the
Independent Offices Appropriation Act, 1955, as amended (12 U.S.C.
1701g-5).
(Pub. L. 98-45, title I, Sec. 101, July 12, 1983, 97 Stat. 223.)
References in Text
Section 717 of the Housing and Urban Development Act of 1970, as
amended (42 U.S.C. 4518), referred to in text, was repealed by Pub. L.
98-181, title IV, Sec. 474(e), Nov. 30, 1983, 97 Stat. 1239, but
remaining in effect until completion of the transfer required in title I
of the Department of Housing and Urban Development-Independent Agencies
Appropriation Act, 1984.
The Independent Offices Appropriation Act, 1955, as amended,
referred to in text, is act June 24, 1954, ch. 359, 68 Stat. 272, as
amended. Provisions of title II of this Act relating to the
establishment of the revolving fund (liquidating programs) are
classified to section 1701g-5 of this title. For complete classification
of this Act to the Code, see Tables.
Codification
Section was enacted as part of the Department of Housing and Urban
Development-Independent Agencies Appropriation Act, 1984, and not as
part of the National Housing Act which comprises this chapter.
Section Referred to in Other Sections
This section is referred to in section 1701g-5b of this title.