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§ 4503. —  Protection of taxpayers against liability.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC4503]

 
                       TITLE 12--BANKS AND BANKING
 
              CHAPTER 46--GOVERNMENT SPONSORED ENTERPRISES
 
Sec. 4503. Protection of taxpayers against liability

    This chapter may not be construed as obligating the Federal 
Government, either directly or indirectly, to provide any funds to the 
Federal Home Loan Mortgage Corporation, the Federal National Mortgage 
Association, or the Federal Home Loan Banks, or to honor, reimburse, or 
otherwise guarantee any obligation or liability of the Federal Home Loan 
Mortgage Corporation, the Federal National Mortgage Association, or the 
Federal Home Loan Banks. This chapter may not be construed as implying 
that any such enterprise or Bank, or any obligations or securities of 
such an enterprise or Bank, are backed by the full faith and credit of 
the United States.

(Pub. L. 102-550, title XIII, Sec. 1304, Oct. 28, 1992, 106 Stat. 3944.)

                       References in Text

    This chapter, referred to in text, was in the original ``This title 
and the amendments made by this title'', meaning title XIII of Pub. L. 
102-550, Oct. 28, 1992, 106 Stat. 3941, which is classified principally 
to this chapter. For complete classification of title XIII to the Code, 
see Short Title note set out under section 4501 of this title and 
Tables.



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