42 U.S.C. § 1489
Transfer of excess funds out of Rural Housing Insurance Fund
- Code
- United States Code
- Title
- 42
- Section
- 1489
- Text current through
- Pub. L. 119-111
What does the statute say?
§ 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.
(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
Amendments
1969—Pub. L. 91–152 struck out applicability of provisions to Rural Housing Direct Loan Account.
The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.