49 U.S.C. § 41767

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 41767 - Termination
(a) AUTHORITY TO ISSUE FEDERAL CREDIT INSTRUMENTS.-The authority of the Secretary of Transportation to issue Federal credit instruments under section 41763 shall terminate on the date that is 5 years after the date of the enactment of this subchapter.
(b) CONTINUATION OF AUTHORITY TO ADMINISTER PROGRAM FOR EXISTING FEDERAL CREDIT INSTRUMENTS.-On and after the termination date, the Secretary shall continue to administer the program established under this subchapter for Federal credit instruments issued under this subchapter before the termination date until all obligations associated with such instruments have been satisfied.

49 U.S.C. § 41767

Added Pub. L. 106-181, title II, §210(a), Apr. 5, 2000, 114 Stat. 101.

EDITORIAL NOTES

REFERENCES IN TEXTThe date of the enactment of this subchapter, referred to in subsec. (a), is the date of enactment of Pub. L. 106-181 which was approved Apr. 5, 2000.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATESection applicable only to fiscal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106-181 set out as an Effective Date of 2000 Amendments note under section 106 of this title.