
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: 12USC1735f-1]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
                       SUBCHAPTER V--MISCELLANEOUS
 
Sec. 1735f-1. Waiver of deduction on assignment of property to 
        Secretary in lieu of foreclosure
        
    Notwithstanding any other provision of this chapter, from and after 
November 3, 1966, the Secretary, under such terms and conditions as he 
may approve, may waive all or a part of the 1 per centum deduction 
otherwise made from insurance benefits with respect to multifamily 
housing or land development mortgages assigned to him, where the 
assignment is made at his request in lieu of foreclosure of the 
mortgage.

(June 27, 1934, ch. 847, title V, Sec. 523, as added Pub. L. 89-754, 
title III, Sec. 312, Nov. 3, 1966, 80 Stat. 1271.)
