
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC451]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
                   CHAPTER 9--NON-FEDERAL PUBLIC WORKS
 
                    SUBCHAPTER I--GENERAL PROVISIONS
 
Secs. 451 to 455. Omitted


                          Codification

    Section 451, act Oct. 13, 1949, ch. 685, Sec. 1, 63 Stat. 841, 
authorized the Housing and Home Finance Administrator, during the period 
of two years immediately following Oct. 13, 1951, to make loans and 
advances to the States and non-Federal public agencies for advance 
planning on non-Federal public works.
    Section 452, act Oct. 13, 1949, ch. 685, Sec. 2, 63 Stat. 841, 
authorized Housing and Home Finance Administrator to allocate funds 
appropriated for advance planning among the several States.
    Section 453, act Oct. 13, 1949, ch. 685, Sec. 3, 63 Stat. 842, 
provided that no loan or advance shall be made to any individual project 
unless such project conforms to an over-all State, local, or regional 
plan approved by a competent State, local, or regional authority.
    Section 454, act Oct. 13, 1949, ch. 685, Sec. 4, 63 Stat. 842, 
provided that any loans or advances shall be repaid without any interest 
if and when construction of the public works is undertaken or started, 
and that repayment shall be on demand of Administrator if construction 
is not undertaken or started within three years after full amount of 
loan or advance has been made.
    Section 455, act Oct. 13, 1949, ch. 685, Sec. 5, 63 Stat. 842, 
authorized the Housing and Home Finance Administrator to prescribe rules 
and regulations to carry out the purposes of sections 451 to 458 of this 
title.


                             Revolving Fund

    Establishment of revolving fund under which to account for assets 
and liabilities in connection with loans or advances made pursuant to 
sections 451 to 458 of this title, see section 1701g-5 of Title 12, 
Banks and Banking.
