12 USC 1723d: Transfer of certain functions to Association
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12 USC 1723d: Transfer of certain functions to Association Text contains those laws in effect on December 21, 2024
From Title 12-BANKS AND BANKINGCHAPTER 13-NATIONAL HOUSINGSUBCHAPTER III-NATIONAL MORTGAGE ASSOCIATIONS
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§1723d. Transfer of certain functions to Association

The functions of the Housing and Home Finance Administrator (including the function of making payments to the Secretary of the Treasury) under section 2 of Reorganization Plan Numbered 22 of 1950, together with the notes and capital stock of the Federal National Mortgage Association held by said Administrator thereunder, are transferred to the Federal National Mortgage Association.

(Aug. 2, 1954, ch. 649, title II, §207, 68 Stat. 622 .)


Editorial Notes

References in Text

Reorganization Plan Numbered 22 of 1950, referred to in text, is set out as a note under section 1717 of this title.

Codification

Section was enacted as part of the Housing Act of 1954, and not as part of the National Housing Act which comprises this chapter or of the Federal National Mortgage Charter Association Act which comprises this subchapter.