Title 42, The Public Health and WelfareRelease 119-102
§4124 Applicability of Fiscal Controls
Title 42 › CHAPTER 50 — NATIONAL FLOOD INSURANCE › SUBCHAPTER IV — GENERAL PROVISIONS › § 4124
Summary
The program under this chapter must follow the rules in chapter 91 of title 31 the same way those rules govern fully government-owned corporations.
Full Legal Text
Title 42, §4124
The Public Health and Welfare, Source: USLM XML via OLRC
The provisions of chapter 91 of title 31 shall apply to the program authorized under this chapter to the same extent as they apply to wholly owned Government corporations.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This chapter, referred to in text, was in the original a reference to “this title” meaning title XIII of Pub. L. 90–448, Aug. 1, 1968, 82 Stat. 572, known as the National Flood Insurance Act of 1968, which is classified principally to this chapter. For complete classification of this Act to the Code, see
Short Title
note set out under section 4001 of this title and Tables.
Amendments
1984—Pub. L. 98–479 substituted “chapter 91 of title 31” for “the Government Corporation Control Act”.
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.
Reference
Citations & Metadata
Citation
42 U.S.C. § 4124
Title 42, The Public Health and Welfare
Last Updated
Aug 21, 2026
Release point: 119-102