12-U.S.C.-5236

12-U.S.C.-5236

§5236 – Exchange Stabilization Fund Reimbursement

Pathway

Title 12 > Chapter 52 > Subchapter I > Section 5236

Details

  • Reference: Section 5236
  • Legend: §5236 – Exchange Stabilization Fund Reimbursement
  • USCode Year: 2013

Provision Content

(a) Reimbursement

The Secretary shall reimburse the Exchange Stabilization Fund established under section 5302 of title 31 for any funds that are used for the Treasury Money Market Funds Guaranty Program for the United States money market mutual fund industry, from funds under this chapter.

(b) Limits on use of Exchange Stabilization Fund

The Secretary is prohibited from using the Exchange Stabilization Fund for the establishment of any future guaranty programs for the United States money market mutual fund industry.

(Pub. L. 110–343, div. A, title I, §131, Oct. 3, 2008, 122 Stat. 3797.)

References in Text

This chapter, referred to in subsec. (a), was in the original this Act and was translated as reading this division, meaning div. A of Pub. L. 110–343, Oct. 3, 2008, 122 Stat. 3765, known as the Emergency Economic Stabilization Act of 2008, to reflect the probable intent of Congress. For complete classification of division A to the Code, see Short Title note set out under section 5201 of this title and Tables.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-5225 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-5225, 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.

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