2014 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 52 - Emergency Economic Stabilization (Sections 5201 - 5261)
Subchapter I - Troubled Assets Relief Program (Sections 5211 - 5241)
Sec. 5228 - Funding

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 2, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 52 - EMERGENCY ECONOMIC STABILIZATION
SUBCHAPTER I - TROUBLED ASSETS RELIEF PROGRAM
Sec. 5228 - Funding
Containssection 5228
Date2014
Laws In Effect As Of DateJanuary 5, 2015
Positive LawNo
Dispositionstandard
Source CreditPub. L. 110-343, div. A, title I, §118, Oct. 3, 2008, 122 Stat. 3786.
Statutes at Large References122 Stat. 3786, 3765
Public and Private LawsPublic Law 110-343

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12 U.S.C. § 5228 (2014)
§5228. Funding

For the purpose of the authorities granted in this chapter, and for the costs of administering those authorities, the Secretary may use the proceeds of the sale of any securities issued under chapter 31 of title 31, and the purposes for which securities may be issued under chapter 31 of title 31 are extended to include actions authorized by this chapter, including the payment of administrative expenses. Any funds expended or obligated by the Secretary for actions authorized by this chapter, including the payment of administrative expenses, shall be deemed appropriated at the time of such expenditure or obligation.

(Pub. L. 110–343, div. A, title I, §118, Oct. 3, 2008, 122 Stat. 3786.)

REFERENCES IN TEXT

This chapter, referred to in text, was in the original "this Act" and was translated as reading "this division", meaning div. A of Pub. L. 110–343, Oct. 3, 2008, 122 Stat. 3765, known as the Emergency Economic Stabilization Act of 2008, to reflect the probable intent of Congress. For complete classification of division A to the Code, see Short Title note set out under section 5201 of this title and Tables.

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