FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER V—MISCELLANEOUS

Water and sewerage facilities

12 U.S.C. § 1735f
Title12Banks and Banking
ChapterSUBCHAPTER V—MISCELLANEOUS

This text of 12 U.S.C. § 1735f (Water and sewerage facilities) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
12 U.S.C. § 1735f.

Text

Notwithstanding any other provision of this chapter, no mortgage which covers new construction shall be approved for insurance under this chapter (except pursuant to a commitment made prior to August 10, 1965) if the mortgaged property includes housing which is not served by a public or adequate community water and sewerage system: Provided, That this limitation shall be applicable only to property which is not served by a system approved by the Secretary pursuant to subchapter IX–A of this chapter, as such subchapter existed immediately before December 15, 1989, and which is situated in an area certified by appropriate local officials to be an area where the establishment of public or adequate community water and sewerage systems is economically feasible: Provided further, That for purpos

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Source Credit

History

(June 27, 1934, ch. 847, title V, §522, as added Pub. L. 89–117, title II, §217(a), Aug. 10, 1965, 79 Stat. 473; amended Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 101–235, title I, §133(d)(4), Dec. 15, 1989, 103 Stat. 2027.)

Editorial Notes

Editorial Notes

References in Text
Subchapter IX–A of this chapter, referred to in text, was repealed by Pub. L. 101–235, title I, §133(a), Dec. 15, 1989, 103 Stat. 2027.

Amendments
1989—Pub. L. 101–235 inserted ", as such subchapter existed immediately before December 15, 1989," after "subchapter IX–A of this chapter".
1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner".

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Bluebook (online)
12 U.S.C. § 1735f, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/1735f.