§1489. Transfer of excess funds out of Rural Housing Insurance Fund
As of today
42 U.S.C. § 1489
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.
Notes, amendments, and revision history
(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.