2001 US Code
Title 12 - BANKS AND BANKING
CHAPTER 28 - EMERGENCY MORTGAGE RELIEF
Sec. 2708 - Authorization of appropriations; limitations; expiration date for loans and advances of credit

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Metadata
Publication TitleUnited States Code, 2000 Edition, Supplement 1, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 28 - EMERGENCY MORTGAGE RELIEF
Sec. 2708 - Authorization of appropriations; limitations; expiration date for loans and advances of credit
Containssection 2708
Date2001
Laws in Effect as of DateJanuary 22, 2002
Positive LawNo
Dispositionstandard
Source CreditPub. L. 94-50, title I, §109, July 2, 1975, 89 Stat. 253; Pub. L. 94-375, §13(a), Aug. 3, 1976, 90 Stat. 1075.
Statutes at Large References89 Stat. 253
90 Stat. 1075
Public Law ReferencesPublic Law 94-50, Public Law 94-375


§2708. Authorization of appropriations; limitations; expiration date for loans and advances of credit

(a) There are authorized to be appropriated for purposes of this chapter such sums as may be necessary, except that the funds authorized to be appropriated for section 2705 of this title shall not exceed 0,000,000. Any amounts so appropriated shall remain available until expended.

(b) No loans or advance of credit shall be insured and no emergency mortgage relief payments made under this chapter after September 30, 1977, except if such loan or advance or such payments are made with respect to a mortgagor receiving the benefit of a loan or advance insured, or emergency mortgage relief payments made, under this chapter on such date.

(Pub. L. 94–50, title I, §109, July 2, 1975, 89 Stat. 253; Pub. L. 94–375, §13(a), Aug. 3, 1976, 90 Stat. 1075.)

Amendments

1976—Subsec. (b). Pub. L. 94–375 substituted “September 30, 1977” for “June 30, 1976”.

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