§ 1716. — Declaration of purposes of subchapter.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1716-1]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
SUBCHAPTER III--NATIONAL MORTGAGE ASSOCIATIONS
Secs. 1716-1, 1716a. Repealed. Aug. 2, 1954, ch. 649, title II,
Sec. 206, 68 Stat. 622
Section 1716-1, acts Oct. 30, 1951, ch. 642, 65 Stat. 599; June 30,
1953, ch. 170, Sec. 14, 67 Stat. 125, related to special authority of
the Federal National Mortgage Association to make advance commitments,
under certain conditions, with respect to insured cooperative-housing
mortgages under section 1715e of this title.
Section 1716a, act Sept. 1, 1951, ch. 378, title VI, Sec. 608(a), 65
Stat. 315, required that one of the persons constituting the Board of
Directors of the Federal National Mortgage Association be appointed by
the Administrator of Veterans' Affairs from among personnel of the
Veterans' Administration.
