§ 1489. Transfer of excess funds out of Rural Housing Insurance Fund

Type Statute

Publication 2026-03-26

State In force

Department United States Congress

Source OLRC

§ 1489. Transfer of excess funds out of Rural Housing Insurance Fund

Any sums in the Rural Housing Insurance Fund which the Secretary determines are in excess of amounts needed to meet the obligations and carry out the purposes of such Fund shall be returned to miscellaneous receipts of the Treasury.

(July 15, 1949, ch. 338, title V, § 519, as added Pub. L. 89–117, title X, § 1006, Aug. 10, 1965, 79 Stat. 501; amended Pub. L. 91–152, title IV, § 413(e)(4), Dec. 24, 1969, 83 Stat. 399.)

Editorial Notes

Amendments

1969—Pub. L. 91–152 struck out applicability of provisions to Rural Housing Direct Loan Account.

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