12-U.S.C.-3337
§3337 – Startup Funding
Pathway
Title 12 > Chapter 34A > Section 3337
Details
- Reference: Section 3337
- Legend: §3337 – Startup Funding
- USCode Year: 2013
Provision Content
(a) In general
For purposes of this chapter, the Secretary of the Treasury shall pay to the Appraisal Subcommittee a one-time payment of $5,000,000 on August 9, 1989. Thereafter, expenses of the subcommittee shall be funded through the collection of registry fees from certain certified and licensed appraisers pursuant to section 3338 of this title or, if required, pursuant to section 3351(b) of this title.
(b) Additional funds
Except as provided in section 3351(b) of this title, funds in addition to the funds provided under subsection (a) of this section may be made available to the Appraisal Subcommittee only if authorized and appropriated by law.
(c) Repayment of Treasury loan
Not later than September 30, 1998, the Appraisal Subcommittee shall repay to the Secretary of the Treasury the unpaid portion of the $5,000,000 paid to the Appraisal Subcommittee pursuant to this section.
(Pub. L. 101–73, title XI, §1108, Aug. 9, 1989, 103 Stat. 513; Pub. L. 104–208, div. A, title II, §2212, Sept. 30, 1996, 110 Stat. 3009–411.)
References in Text
Section 3351(b) of this title, referred to in text, was redesignated section 3351(c) of this title by Pub. L. 103–325, title III, §315(1), Sept. 23, 1994, 108 Stat. 2222.
Amendments
1996—Subsec. (c). Pub. L. 104–208 added subsec. (c).
U.S. Encyclopedia of Law Coverage
12-U.S.C.-3302 in the Legal Encyclopedia: Banking Law
In this entry about 12-U.S.C.-3302, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.
12-U.S.C.-3311 in the Legal Encyclopedia: Credit Institutions
In this entry about 12-U.S.C.-3311, find legal reference material, bibliographies and premiere content related to credit institutions in the American Encyclopedia of Law, presenting a comprehensive view of the United States credit institutions-specific issues, written by authorities in the field.
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