12-U.S.C.-2708
§2708 – Expiration Date
Pathway
Title 12 > Chapter 28 > Section 2708
Details
- Reference: Section 2708
- Legend: §2708 – Expiration Date
- USCode Year: 2013
Provision Content
No loans or advance of credit shall be insured and no emergency mortgage relief payments made under this chapter after September 30, 2011, except if such loan or advance or such payments are made with respect to a mortgagor receiving the benefit of a loan or advance insured, or emergency mortgage relief payments made, under this chapter on such date.
(Pub. L. 94–50, title I, §109, July 2, 1975, 89 Stat. 253; Pub. L. 94–375, §13(a), Aug. 3, 1976, 90 Stat. 1075; Pub. L. 111–203, title XIV, §1496(b)(6), July 21, 2010, 124 Stat. 2209.)
Amendments
2010—Pub. L. 111–203 struck out Authorization and before expiration date in section catchline, struck out subsec. (a), struck out subsec. (b) designation before No loans, and substituted 2011 for 1977. Prior to amendment, subsec. (a) read as follows: There are authorized to be appropriated for purposes of this chapter such sums as may be necessary, except that the funds authorized to be appropriated for section 2705 of this title shall not exceed $500,000,000. Any amounts so appropriated shall remain available until expended.
1976—Subsec. (b). Pub. L. 94–375 substituted September 30, 1977 for June 30, 1976.
Effective Date of 2010 Amendment
Amendment by Pub. L. 111–203 effective on the date on which final regulations implementing that amendment take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, see section 1400(c) of Pub. L. 111–203, set out as a note under section 1601 of Title 15, Commerce and Trade.
U.S. Encyclopedia of Law Coverage
12-U.S.C.-2615 in the Legal Encyclopedia: Banking Law
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12-U.S.C.-2708 in the Legal Encyclopedia: Mortgage
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12-U.S.C.-2702 in the Legal Encyclopedia: Housing
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