Title 12, Banks and BankingRelease 119-102

§1438a Nonadministrative Expenses; Expenses of Studies and Investigations

Title 12 › CHAPTER 11 — FEDERAL HOME LOAN BANKS › § 1438a

Last updated Aug 21, 2026|Official source

Summary

Count Board expenses for studies or investigations ordered by law or requested by Congress, including 5 U.S.C. 3109 services, as nonadministrative starting July 12, 1960.

Full Legal Text

Title 12, §1438a

Banks and Banking, Source: USLM XML via OLRC

On and after July 12, 1960, expenses of the Board in making studies or investigations specifically directed by law, or requested by the Congress or either House thereof or by a committee of either House, including services authorized by section 3109 of title 5, shall be considered as nonadministrative expenses.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification “Section 3109 of title 5” substituted in text for “section 15 of the Act of August 2, 1946 (5 U.S.C. 55a)” on authority of section 7(b) of Pub. L. 89–554, Sept. 6, 1966, 80 Stat. 631, section 1 of which enacted Title 5, Government Organization and Employees.

Reference

Citations & Metadata

Citation

12 U.S.C. § 1438a

Title 12, Banks and Banking

Last Updated

Aug 21, 2026

Release point: 119-102