12 U.S. Code §1705. Allocation of funds

Section Text

For the purposes of carrying out the provisions of this subchapter and subchapters II and III, the President, in his discretion, is authorized to provide such funds or any portion thereof by allotment to the Secretary from any funds that are available, or may hereafter be made available, to the President for emergency purposes.

Editorial Notes

AMENDMENTS 1984—Pub. L. 98–479 substituted "such" for "suuch". 1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner". 1950—Act Apr. 20, 1950, §122, substituted "Commissioner" for "Administrator". 1947—Act June 30, 1947, struck out references to Reconstruction Finance Corporation.


12 U.S.C. § 1705 (2018)