Title 42 — The Public Health and WelfareRelease 119-73
§4083 Settlement of claims; arbitration
Title 42 › Chapter CHAPTER 50— - NATIONAL FLOOD INSURANCE › Subchapter SUBCHAPTER II— - ORGANIZATION AND ADMINISTRATION OF FLOOD INSURANCE PROGRAM › Part Part C— - General Provisions › § 4083
Summary
The Administrator can settle claims or demands that come from financial actions he is allowed to take under this law, and he may send disputes to arbitration if the people involved agree. Any arbitration only gives advice, and an award or recommendation becomes final only when the Administrator approves it.
Full Legal Text
Title 42, §4083
The Public Health and Welfare — Source: USLM XML via OLRC
(a)The Administrator is authorized to make final settlement of any claims or demands which may arise as a result of any financial transactions which he is authorized to carry out under this subchapter, and may, to assist him in making any such settlement, refer any disputes relating to such claims or demands to arbitration, with the consent of the parties concerned.
(b)Such arbitration shall be advisory in nature, and any award, decision, or recommendation which may be made shall become final only upon the approval of the Administrator.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2012—Pub. L. 112–141 substituted “Administrator” for “Director” in subsecs. (a) and (b). 1983—Pub. L. 98–181 substituted “Director” for “Secretary” in subsecs. (a) and (b).
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 120 days following Aug. 1, 1968, or such later date prescribed by the Secretary but in no event more than 180 days following Aug. 1, 1968, see section 1377 of Pub. L. 90–448, set out as a note under section 4001 of this title.
Transfer of Functions
For transfer of all functions, personnel, assets, components, authorities, grant programs, and liabilities of the Federal Emergency Management Agency, including the functions of the Under Secretary for Federal Emergency Management relating thereto, to the Federal Emergency Management Agency, see section 315(a)(1) of Title 6, Domestic Security. For
Transfer of Functions
, personnel, assets, and liabilities of the Federal Emergency Management Agency, including the functions of the Director of the Federal Emergency Management Agency relating thereto, to the Secretary of Homeland Security, and for treatment of related references, see former section 313(1) and section 551(d), 552(d), and 557 of Title 6, Domestic Security, and the Department of Homeland Security Reorganization Plan of November 25, 2002, as modified, set out as a note under section 542 of Title 6.
Reference
Citations & Metadata
Citation
42 U.S.C. § 4083
Title 42 — The Public Health and Welfare
Last Updated
Apr 6, 2026
Release point: 119-73