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§ 1701g-5c. —  Transfer of rehabilitation loan 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-5c]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
Sec. 1701g-5c. Transfer of rehabilitation loan fund assets and 
        liabilities
        
    Notwithstanding section 289(c) of the Cranston-Gonzalez National 
Affordable Housing Act (Public Law 101-625), the assets and liabilities 
of the revolving fund established by section 1452b \1\ of title 42, and 
any collections, including repayments or recaptured amounts, of such 
fund shall be transferred to and merged with 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), effective October 1, 1991.
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    \1\ See References in Text note below.
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(Pub. L. 102-139, title II, Oct. 28, 1991, 105 Stat. 752.)

                       References in Text

    Section 289(c) of the Cranston-Gonzalez National Affordable Housing 
Act (Pub. L. 101-625), referred to in text, is not classified to the 
Code.
    Section 1452b of title 42, referred to in text, was repealed by Pub. 
L. 101-625, title II, Sec. 289(b), Nov. 28, 1990, 104 Stat. 4128.
    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 Departments of Veterans Affairs 
and Housing and Urban Development, and Independent Agencies 
Appropriations Act, 1992, and not as part of the National Housing Act 
which comprises this chapter.



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