1995 U.S. Code
Title 12 - BANKS AND BANKING
CHAPTER 12 - SAVINGS ASSOCIATIONS
SUBCHAPTER I - HOUSING RENOVATION AND MODERNIZATION
Sec. 1705 - Allocation of funds
§1705. Allocation of funds
For the purposes of carrying out the provisions of this subchapter and subchapters II and III of this chapter the President, in his discretion, is authorized to provide such funds or any portion thereof by allotment to the Secretary from any funds that are available, or may hereafter be made available, to the President for emergency purposes.
(June 27, 1934, ch. 847, title I, §4, 48 Stat. 1247; June 30, 1947, ch. 166, title II, §206(l), 61 Stat. 208; Apr. 20, 1950, ch. 94, title I, §122, 64 Stat. 59; May 25, 1967, Pub. L. 90–19, §1(a)(3), 81 Stat. 17; Oct. 17, 1984, Pub. L. 98–479, title II, §204(a)(1), 98 Stat. 2231.)
Amendments1984—Pub. L. 98–479 substituted “such” for “suuch”.
1967—Pub. L. 90–19 substituted “Secretary” for “Commissioner”.
1950—Act Apr. 20, 1950, §122, substituted “Commissioner” for “Administrator”.
1947—Act June 30, 1947, struck out references to Reconstruction Finance Corporation.
Section Referred to in Other SectionsThis section is referred to in section 1735 of this title.