§12854 — Title 42 The Public Health and Welfare | U.S. Code

Summary

Defines key words used in this subchapter. Board of Directors or Board — the Trust’s Board of Directors. Displaced homemaker — an adult who hasn’t held full-time, year-round paid work for several years because they mostly did unpaid home and family care, and who is now unemployed or underemployed and having trouble getting or improving work. Fund — the National Homeownership Trust Fund. Single parent — someone unmarried or legally separated who has one or more minor children in their custody or joint custody, or who is pregnant. State — the States, the District of Columbia, Puerto Rico, the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, and any other U.S. territory or possession. Trust — the National Homeownership Trust.

Title 42, §12854

The Public Health and Welfare — Source: USLM XML via OLRC

For purposes of this subchapter:

(1)The term “Board of Directors” or “Board” means the Board of Directors of the National Homeownership Trust under section 12851(b) of this title.

(2)The term “displaced homemaker” means an individual who—

(A)is an adult;

(B)has not worked full-time full-year in the labor force for a number of years, but has during such years, worked primarily without remuneration to care for the home and family; and

(C)is unemployed or underemployed and is experiencing difficulty in obtaining or upgrading employment.

(3)The term “Fund” means the National Homeownership Trust Fund established in section 12853 of this title.

(4)The term “single parent” means an individual who—

(A)is unmarried or legally separated from a spouse; and

(B)(i)has 1 or more minor children for whom the individual has custody or joint custody; or

(ii)is pregnant.

(5)The term “State” means the States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, and any other territory or possession of the United States.

(6)The term “Trust” means the National Homeownership Trust established in section 12851 of this title.

Executive Documents

Termination of Trust Territory of the Pacific Islands For termination of Trust Territory of the Pacific Islands, see note set out preceding section 1681 of Title 48, Territories and Insular Possessions.

§12854 Definitions

Summary

Title 42, §12854

Notes & Related Subsidiaries

Executive Documents

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