FEDERAL · 42 U.S.C. · Chapter SUBCHAPTER III—NATIONAL HOMEOWNERSHIP TRUST DEMONSTRATION
Transition
42 U.S.C. § 12858
Title42 — The Public Health and Welfare
ChapterSUBCHAPTER III—NATIONAL HOMEOWNERSHIP TRUST DEMONSTRATION
This text of 42 U.S.C. § 12858 (Transition) 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
42 U.S.C. § 12858.
Text
(a)Authority of Secretary
Upon the termination of the Trust as provided in section 12859 of this title, the Secretary of Housing and Urban Development shall exercise any authority of the Board of Directors and the Trust in accordance with the provisions of this subchapter as may be necessary to provide for the conclusion of the outstanding affairs of the Trust.
(b)Applicability of Trust provisions
Any assistance under this subchapter shall, after termination of the Trust, be subject to the provisions of this subchapter that would have applied to such assistance if the termination had not occurred.
(c)Certification of Fund to Treasury
Upon a determination by the Secretary of Housing and Urban Development that the National Homeownership Trust Fund is no longer necessary, the Secretary sha
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Related
§ 12859
42 U.S.C. § 12859
Source Credit
History
(Pub. L. 101–625, title III, §309, Nov. 28, 1990, 104 Stat. 4133.)
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Bluebook (online)
42 U.S.C. § 12858, Counsel Stack Legal Research, https://law.counselstack.com/usc/42/12858.