42-U.S.C.-4527
§4527 – General Powers of Secretary
Pathway
Title 42 > Chapter 59 > Part B – Section 4527
Details
- Reference: Part B – Section 4527
- Legend: §4527 – General Powers of Secretary
- USCode Year: 2011
Provision Content
In the performance of, and with respect to, the functions, powers, and duties vested in him by this part, the Secretary, in addition to any authority otherwise vested in him, shall—
(1) have the functions, powers, and duties (including the authority to issue rules and regulations) set forth in section 1749a, of this title;
(2) have the power, notwithstanding any other provision of law, in connection with any assistance under this part, whether before or after any default, to provide by contract for the extinguishment upon default of any redemption, equitable, legal, or other right, title, or interest of the private new community developer or State land development agency in any mortgage, deed, trust, or other instrument held by or on behalf of the Secretary for the protection of the security interests of the United States; and
(3) have the power to foreclose on any property or commence any action to protect or enforce any right conferred upon him by law, contract, or other agreement, and bid for and purchase at any foreclosure or other sale any property in connection with which he has provided assistance pursuant to this part. In the event of any such acquisition, the Secretary may, notwithstanding any other provision of law relating to the acquisition, handling, or disposal of real property by the United States, complete, administer, remodel and convert, dispose of, lease, and otherwise deal with, such property. Notwithstanding any other provision of law, the Secretary shall also have power to pursue to final collection by way of compromise or otherwise all claims acquired by him in connection with any security, subrogation, or other rights obtained by him in administering this part.
(Pub. L. 91–609, title VII, §726, Dec. 31, 1970, 84 Stat. 1801.)
References in Text
Section 1749a of title 12, referred to in par. (1), was repealed by Pub. L. 99–498, title VII, §702, Oct. 17, 1986, 100 Stat. 1545.
Section 4520 of this title, referred to in par. (1), was repealed by Pub. L. 98–181, title IV, §474(e), Nov. 30, 1983, 97 Stat. 1239.
U.S. Encyclopedia of Law Coverage
42-U.S.C.-4525 in the Legal Encyclopedia: Welfare
In this entry about 42-U.S.C.-4525, find legal reference material, bibliographies and premiere content related to welfare in the American Encyclopedia of Law, presenting a comprehensive view of the United States welfare-specific issues, written by authorities in the field.
42-U.S.C.-4502 in the Legal Encyclopedia: Community
In this entry about 42-U.S.C.-4502, find legal reference material, bibliographies and premiere content related to community in the American Encyclopedia of Law, presenting a comprehensive view of the United States community-specific issues, written by authorities in the field.
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