FEDERAL · 12 U.S.C. · Chapter 24

Acquisition of obligations involving loan guarantees for New York City

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 24 — FEDERAL FINANCING BANK
Nothing in any provision of law shall be construed to authorize the Federal Financing Bank to acquire any obligation the payment of interest or principal of which has at any time been guaranteed in whole or in part under title I of the New York City Loan Guarantee Act of 1978.

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12 U.S.C. § 2285a (Acquisition of obligations involving loan guarantees for New York City) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 95–339, title II, §201(b), Aug. 8, 1978, 92 Stat. 467.)

Editorial Notes

Editorial Notes

References in Text
Title I of the New York City Loan Guarantee Act of 1978, referred to in text, is title I of Pub. L. 95–339, Aug. 8, 1978, 92 Stat. 460, which was classified generally to subchapter II (§1521 et seq.) of chapter 27 of former Title 31, and was omitted from the Code in the general revision and reenactment of Title 31, Money and Finance, by Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 877.

Codification
Section was enacted as part of the New York City Loan Guarantee Act of 1978, and not as part of the Federal Financing Bank Act of 1973 which comprises this chapter.