
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: 12USC1723e]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
             SUBCHAPTER III--NATIONAL MORTGAGE ASSOCIATIONS
 
Sec. 1723e. Repealed. Pub. L. 98-181, title IV, Sec. 483(a), 
        Nov. 30, 1983, 97 Stat. 1240
        
    Section, act June 27, 1934, ch. 847, title III, Sec. 313, as added 
Oct. 18, 1974, Pub. L. 93-449, Sec. 3(a), 88 Stat. 1364; amended July 2, 
1975, Pub. L. 94-50, title II Secs. 201-206, 89 Stat. 254, 255; Aug. 3, 
1976, Pub. L. 94-375, Sec. 13(e)(1), 90 Stat. 1075; Oct. 12, 1977, Pub. 
L. 95-128, title IV, Sec. 407(a)-(d), 91 Stat. 1137, 1138; Oct. 8, 1980, 
Pub. L. 96-399, title III, Sec. 337(b), 94 Stat. 1655, related to the 
interim mortgage and security purchasing authority of the Association.


                            Savings Provision

    For continued application of former sections 1720 and 1723e of this 
title to any purchase or commitment to purchase any mortgage made 
pursuant to those sections before Nov. 30, 1983, and the servicing and 
disposition of any such mortgage, see section 483(b) of Pub. L. 98-181, 
set out as a note under section 1720 of this title.


                             Effective Date

    Section 3(b) of Pub. L. 93-449, as amended by Pub. L. 94-50, title 
II, Sec. 207, July 2, 1975, 89 Stat. 256; Pub. L. 94-375, Sec. 13(d), 
Aug. 3, 1976, 90 Stat. 1075; Pub. L. 95-128, title IV, Sec. 407(e), Oct. 
12, 1977, 91 Stat. 1138; Pub. L. 95-406, Sec. 3, Sept. 30, 1978, 92 
Stat. 880; Pub. L. 95-557, title III, Sec. 303, Oct. 31, 1978, 92 Stat. 
2096; Pub. L. 96-71, Sec. 3, Sept. 28, 1979, 93 Stat. 502; Pub. L. 96-
105, Sec. 3, Nov. 8, 1979, 93 Stat. 795; Pub. L. 96-153, title III, 
Sec. 303, Dec. 21, 1979, 93 Stat. 1112; Pub. L. 96-372, Sec. 4, Oct. 3, 
1980, 94 Stat. 1364; Pub. L. 96-399, title III, Sec. 337(a), Oct. 8, 
1980, 94 Stat. 1655, which related to the effective date of former 
section 1723e of this title, was repealed by Pub. L. 98-181, title IV, 
Sec. 483(a), Nov. 30, 1983, 97 Stat. 1240.


        Emergency Mortgage Purchase Assistance; Transfer of Funds

    Pub. L. 98-371, title I, July 18, 1984, 98 Stat. 1218, in part 
directed Secretary to transfer all assets acquired and liabilities 
incurred pursuant to this section to management and liquidating 
functions fund established pursuant to section 1721 of this title, and 
that on Oct. 1, 1984, each outstanding obligation issued by Secretary of 
Housing and Urban Development to Secretary of the Treasury pursuant to 
subsec. (c) of this section, together with any promise to repay 
principal and unpaid interest which had accrued on each obligation, and 
any other term or condition specified by each such obligation, was 
canceled.
