Title 12, Banks and BankingRelease 119-73not60
§1723d Transfer of Certain Functions to Association
Title 12 › Chapter 13— NATIONAL HOUSING › Subchapter III— NATIONAL MORTGAGE ASSOCIATIONS › § 1723d
Summary
Transfers to FNMA Administrator duties under sec.2 of Reorg. Plan No.22 (1950), including payments to the Treasury Secretary, and notes and capital stock.
Full Legal Text
Title 12, §1723d
Banks and Banking, Source: USLM XML via OLRC
The functions of the Housing and Home Finance Administrator (including the function of making payments to the Secretary of the Treasury) under section 2 of Reorganization Plan Numbered 22 of 1950, together with the notes and capital stock of the Federal National Mortgage Association held by said Administrator thereunder, are transferred to the Federal National Mortgage Association.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
Reorganization Plan Numbered 22 of 1950, referred to in text, is set out as a note under section 1717 of this title. Codification Section was enacted as part of the Housing Act of 1954, and not as part of the National Housing Act which comprises this chapter or of the Federal National Mortgage Charter Association Act which comprises this subchapter.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1723d
Title 12, Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60