
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC12858]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
                CHAPTER 130--NATIONAL AFFORDABLE HOUSING
 
       SUBCHAPTER III--NATIONAL HOMEOWNERSHIP TRUST DEMONSTRATION
 
Sec. 12858. Transition


(a) Authority of Secretary

    Upon the termination of the Trust as provided in section 12859 of 
this title, the Secretary of Housing and Urban Development shall 
exercise any authority of the Board of Directors and the Trust in 
accordance with the provisions of this subchapter as may be necessary to 
provide for the conclusion of the outstanding affairs of the Trust.

(b) Applicability of Trust provisions

    Any assistance under this subchapter shall, after termination of the 
Trust, be subject to the provisions of this subchapter that would have 
applied to such assistance if the termination had not occurred.

(c) Certification of Fund to Treasury

    Upon a determination by the Secretary of Housing and Urban 
Development that the National Homeownership Trust Fund is no longer 
necessary, the Secretary shall certify any amounts remaining in the Fund 
to the Secretary of the Treasury and the Secretary of the Treasury shall 
deposit into the general fund of the Treasury as miscellaneous receipts 
any amounts remaining in the Fund.

(Pub. L. 101-625, title III, Sec. 309, Nov. 28, 1990, 104 Stat. 4133.)

                  Section Referred to in Other Sections

    This section is referred to in section 12857 of this title.
