
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC1705]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
           SUBCHAPTER I--HOUSING RENOVATION AND MODERNIZATION
 
Sec. 1705. Allocation of funds

    For the purposes of carrying out the provisions of this subchapter 
and subchapters II and III of this chapter 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.

(June 27, 1934, ch. 847, title I, Sec. 4, 48 Stat. 1247; June 30, 1947, 
ch. 166, title II, Sec. 206(l), 61 Stat. 208; Apr. 20, 1950, ch. 94, 
title I, Sec. 122, 64 Stat. 59; Pub. L. 90-19, Sec. 1(a)(3), May 25, 
1967, 81 Stat. 17; Pub. L. 98-479, title II, Sec. 204(a)(1), Oct. 17, 
1984, 98 Stat. 2231.)


                               Amendments

    1984--Pub. L. 98-479 substituted ``such'' for ``suuch''.
    1967--Pub. L. 90-19 substituted ``Secretary'' for ``Commissioner''.
    1950--Act Apr. 20, 1950, Sec. 122, substituted ``Commissioner'' for 
``Administrator''.
    1947--Act June 30, 1947, struck out references to Reconstruction 
Finance Corporation.

                  Section Referred to in Other Sections

    This section is referred to in section 1735 of this title.
