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§ 2285a. —  Acquisition of obligations involving loan guarantees for New York City.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC2285a]

 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER 24--FEDERAL FINANCING BANK
 
Sec. 2285a. Acquisition of obligations involving loan guarantees 
        for New York City
        
    Nothing in any provision of law shall be construed to authorize the 
Federal Financing Bank to acquire any obligation the payment of interest 
or principal of which has at any time been guaranteed in whole or in 
part under title I of the New York City Loan Guarantee Act of 1978.

(Pub. L. 95-339, title II, Sec. 201(b), Aug. 8, 1978, 92 Stat. 467.)

                       References in Text

    Title I of the New York City Loan Guarantee Act of 1978, referred to 
in text, is title I of Pub. L. 95-339, Aug. 8, 1978, 92 Stat. 460, as 
amended, which was classified generally to subchapter II (Sec. 1521 et 
seq.) of chapter 27 of former Title 31, and was omitted from the Code in 
the general revision and reenactment of Title 31, Money and Finance, by 
Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 877.

                          Codification

    Section was enacted as part of the New York City Loan Guarantee Act 
of 1978, and not as part of the Federal Financing Bank Act of 1973 which 
comprises this chapter.



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