Title 12, Banks and BankingRelease 119-110

§1701g–5c Transfer of Rehabilitation Loan Fund Assets and Liabilities

Title 12 › CHAPTER 13 — NATIONAL HOUSING › § 1701g–5c

Last updated Sep 23, 2026|Official source

Summary

Move all assets, debts, and any money collected for the rehabilitation revolving fund into the federal Revolving Fund for liquidating programs, effective October 1, 1991, even if the Cranston-Gonzalez Act would say otherwise.

Full Legal Text

Title 12, §1701g–5c

Banks and Banking, Source: USLM XML via OLRC

Notwithstanding section 289(c) of the Cranston-Gonzalez National Affordable Housing Act (Public Law 101–625), the assets and liabilities of the revolving fund established by section 1452b of title 42, and any collections, including repayments or recaptured amounts, of such fund shall be transferred to and merged with the Revolving Fund (liquidating programs), established pursuant to title II of the Independent Offices Appropriation Act, 1955, as amended (12 U.S.C. 1701g–5), effective October 1, 1991.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 289(c) of the Cranston-Gonzalez National Affordable Housing Act (Pub. L. 101–625), referred to in text, is not classified to the Code. Section 1452b of title 42, referred to in text, was repealed by Pub. L. 101–625, title II, § 289(b), Nov. 28, 1990, 104 Stat. 4128. The Independent Offices Appropriation Act, 1955, as amended, referred to in text, is act June 24, 1954, ch. 359, 68 Stat. 272. Provisions of title II of this Act relating to the establishment of the revolving fund (liquidating programs) are classified to section 1701g–5 of this title. For complete classification of this Act to the Code, see Tables. Codification Section was enacted as part of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1992, and not as part of the National Housing Act which comprises this chapter.

Reference

Citations & Metadata

Citation

12 U.S.C. § 1701g–5c

Title 12, Banks and Banking

Last Updated

Sep 23, 2026

Release point: 119-110