§ 1723d. — Transfer of certain functions to Association.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1723d]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
SUBCHAPTER III--NATIONAL MORTGAGE ASSOCIATIONS
Sec. 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, Sec. 207, 68 Stat. 622.)
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.
