
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: 12USC1717a]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
             SUBCHAPTER III--NATIONAL MORTGAGE ASSOCIATIONS
 
Sec. 1717a. Prohibition against sale of obligations by Federal 
        departments and agencies after June 30, 1966, without compliance 
        with requirements of section 1717(c) of this title or without 
        approval by Secretary of the Treasury; exemption
        
    After June 30, 1966, no department or agency listed in section 
1717(c)(2) of this title may sell any obligation held by it except as 
provided in section 1717(c) of this title, or as approved by the 
Secretary of the Treasury, except that this prohibition shall not apply 
to the Government National Mortgage Association.

(Pub. L. 89-429, Sec. 6(b), May 24, 1966, 80 Stat. 167; Pub. L. 90-448, 
title VIII, Sec. 807(g), Aug. 1, 1968, 82 Stat. 545.)

                          Codification

    Section was enacted as a part of the Participation Sales Act of 
1966, and not as a part of the National Housing Act, which comprises 
this chapter or the Federal National Mortgage Association Charter Act 
which comprises this subchapter.


                               Amendments

    1968--Pub. L. 90-448 substituted ``the Government National Mortgage 
Association'' for ``secondary market operations carried on by the 
Federal National Mortgage Association''.


                    Effective Date of 1968 Amendment

    For effective date of amendment by Pub. L. 90-448, see section 808 
of Pub. L. 90-448, set out as an Effective Date note under section 1716b 
of this title.
