2014 US Code
Title 42 - The Public Health and Welfare (Sections 1 - 18445)
Chapter 90 - Neighborhood and City Reinvestment, Self-Help and Revitalization (Sections 8101 - 8146)
Subchapter I - Neighborhood Reinvestment Corporation (Sections 8101 - 8108)
Sec. 8102 - Neighborhood Reinvestment Corporation
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 42 - THE PUBLIC HEALTH AND WELFARE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 90 - NEIGHBORHOOD AND CITY REINVESTMENT, SELF-HELP AND REVITALIZATION SUBCHAPTER I - NEIGHBORHOOD REINVESTMENT CORPORATION Sec. 8102 - Neighborhood Reinvestment Corporation |
| Contains | section 8102 |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 95-557, title VI, §603, Oct. 31, 1978, 92 Stat. 2115; Pub. L. 96-399, title III, §315(1), Oct. 8, 1980, 94 Stat. 1645. |
| Statutes at Large References | 92 Stat. 2115 94 Stat. 1645 |
| Public and Private Laws | Public Law 95-557, Public Law 96-399 |
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There is established a Neighborhood Reinvestment Corporation (hereinafter referred to as the "corporation") which shall be a body corporate and shall possess the powers, and shall be subject to the direction and limitations specified herein.
(b) Implementation and expansion of demonstration activitiesThe corporation shall implement and expand the demonstration activities carried out by the Urban Reinvestment Task Force.
(c) Principal officeThe corporation shall maintain its principal office in the District of Columbia or at such other place the corporation may from time to time prescribe.
(d) Exemption from taxationThe corporation, including its franchise, activities, assets, and income, shall be exempt from all taxation now or hereafter imposed by the United States, by any territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the corporation shall be subject to State, territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
(Pub. L. 95–557, title VI, §603, Oct. 31, 1978, 92 Stat. 2115; Pub. L. 96–399, title III, §315(1), Oct. 8, 1980, 94 Stat. 1645.)
AMENDMENTS1980—Subsec. (a). Pub. L. 96–399 struck out "National" before "Neighborhood".
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