2012 US Code
Title 12 - Banks and Banking
Chapter 13 - NATIONAL HOUSING (§§ 1701 - 1750jj)
Subchapter V - MISCELLANEOUS (§§ 1731 - 1735h)
Section 1735f-1 - Waiver of deduction on assignment of property to Secretary in lieu of foreclosure

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Metadata
Publication TitleUnited States Code, 2012 Edition, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 13 - NATIONAL HOUSING
SUBCHAPTER V - MISCELLANEOUS
Sec. 1735f-1 - Waiver of deduction on assignment of property to Secretary in lieu of foreclosure
Containssection 1735f-1
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditJune 27, 1934, ch. 847, title V, §523, as added Pub. L. 89-754, title III, §312, Nov. 3, 1966, 80 Stat. 1271.
Statutes at Large Reference80 Stat. 1271
Public Law ReferencePublic Law 89-754

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MISCELLANEOUS - 12 U.S.C. § 1735f-1 (2012)
§1735f–1. Waiver of deduction on assignment of property to Secretary in lieu of foreclosure

Notwithstanding any other provision of this chapter, from and after November 3, 1966, the Secretary, under such terms and conditions as he may approve, may waive all or a part of the 1 per centum deduction otherwise made from insurance benefits with respect to multifamily housing or land development mortgages assigned to him, where the assignment is made at his request in lieu of foreclosure of the mortgage.

(June 27, 1934, ch. 847, title V, §523, as added Pub. L. 89–754, title III, §312, Nov. 3, 1966, 80 Stat. 1271.)

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