42 U.S.C. § 1489

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 1489 - Transfer of excess funds out of Rural Housing Insurance Fund

Any sums in the Rural Housing Insurance Fund which the Secretary determines are in excess of amounts needed to meet the obligations and carry out the purposes of such Fund shall be returned to miscellaneous receipts of the Treasury.

42 U.S.C. § 1489

July 15, 1949, ch. 338, title V, §519, as added Pub. L. 89-117, title X, §1006, Aug. 10, 1965, 79 Stat. 501; amended Pub. L. 91-152, title IV, §413(e)(4), Dec. 24, 1969, 83 Stat. 399.

EDITORIAL NOTES

AMENDMENTS1969- Pub. L. 91-152 struck out applicability of provisions to Rural Housing Direct Loan Account.

Secretary

The term "Secretary" means the Secretary of Housing and Urban Development.1See References in Text note below.