§ 3042. — Authorization of appropriations for advances; deposits into separate Account in Bank; availability of amounts.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC3042]
TITLE 12--BANKS AND BANKING
CHAPTER 31--NATIONAL CONSUMER COOPERATIVE BANK
SUBCHAPTER II--OFFICE OF SELF-HELP DEVELOPMENT AND TECHNICAL ASSISTANCE
Sec. 3042. Authorization of appropriations for advances;
deposits into separate Account in Bank; availability of amounts
There are hereby authorized to be appropriated to the Office for the
purpose of making advances under section 3043 of this title an amount
not to exceed $14,000,000 for fiscal year 1982. Any amounts appropriated
to the Office shall be deposited by the Office in a separate account in
the Bank (hereinafter the ``Account''), and shall remain available until
expended. Repayments of capital investment advances made pursuant to
section 3043(a) of this title and interest supplement advances made
pursuant to section 3043(b) of this title and payments of interest
thereon pursuant to section 3043(c) of this title shall also be
deposited in the Account. No other funds of the Bank shall be
transferred into the Account. The Account shall be used by the Office
only as authorized in section 3043 of this title.
(Pub. L. 95-351, title II, Sec. 202, Aug. 20, 1978, 92 Stat. 511; Pub.
L. 97-35, title III, Sec. 395(b)(1), Aug. 13, 1981, 95 Stat. 438.)
Amendments
1981--Pub. L. 97-35 substituted provisions authorizing
appropriations for fiscal year 1982, for provisions authorizing
appropriations for the fiscal year ending Sept. 30, 1979, and the next
two succeeding fiscal years.
Effective Date of 1981 Amendment
Amendment by Pub. L. 97-35 effective Oct. 1, 1981, see section
395(b)(3) of Pub. L. 97-35, set out as a note under section 3014 of this
title.
Section Referred to in Other Sections
This section is referred to in section 3051 of this title.
