
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC1714]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
                    SUBCHAPTER II--MORTGAGE INSURANCE
 
Sec. 1714. Taxation

    Nothing in this subchapter shall be construed to exempt any real 
property acquired and held by the Secretary under this subchapter from 
taxation by any State or political subdivision thereof, to the same 
extent, according to its value, as other real property is taxed.

(June 27, 1934, ch. 847, title II, Sec. 208, 48 Stat. 1252; Feb. 3, 
1938, ch. 13, Sec. 3, 52 Stat. 22; 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.)


                               Amendments

    1967--Pub. L. 90-19 substituted ``Secretary'' for ``Commissioner''.
    1950--Act Apr. 20, 1950, substituted ``Commissioner'' for 
``Administrator''.
    1938--Act Feb. 3, 1938, corrected error in spelling of 
``subdivision''.
