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Code · BILL · 113th Congress · S. 1102 (Introduced in Senate) — To abolish the Export-Import Bank of the United States, and for other purposes. · Sec. 8

Sec. 8. Savings provisions

510 words·~2 min read·/bill/113/s/1102/is/section-8

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All legal documents specified in paragraph
(2)shall continue in effect according to their terms until modified, terminated, superseded, set aside, or revoked in accordance with law by the President, any other authorized official, a court of competent jurisdiction, or operation of law if such legal documents— have been issued, made, granted, or allowed to become effective by the President, the Bank, any officer or employee of any office transferred by this Act, or any other Government official, or by a court of competent jurisdiction, in the performance of any function that is transferred by this Act; and are in effect on the abolishment date (or become effective after such date pursuant to their terms as in effect on such effective date). The legal documents specified in this paragraph are orders, determinations, rules, regulations, permits, grants, loans, contracts, agreements, certificates, licenses, and privileges. This Act shall not affect any proceedings or any application for any benefits, service, license, permit, certificate, or financial assistance pending on the date of the enactment of this Act before an office transferred by this Act. Orders shall be issued in such proceedings, appeals shall be taken, and payments shall be made pursuant to such orders as if this Act had not been enacted, and orders issued in any such proceeding shall continue in effect until modified, terminated, superseded, or revoked by a duly authorized official, by a court of competent jurisdiction, or by operation of law. Nothing in this subsection shall be considered to prohibit the discontinuance or modification of any proceeding under the same terms and conditions and to the same extent that such proceeding could have been discontinued or modified if this Act had not been enacted. This Act shall not affect any civil or criminal action commenced before the date of the enactment of this Act. In all such actions, proceedings shall be had, appeals shall be taken, and judgments shall be rendered in the same manner and with the same effect as if this Act had not been enacted. No action or other proceeding commenced by or against an office transferred by this Act, or by or against any individual in the official capacity of such individual as an officer or employee of such an office, shall abate by reason of the enactment of this Act. If any Government officer in the official capacity of such officer is party to an action with respect to a function of the officer, and under this Act such function is transferred to any other officer or office, then such action shall be continued with the other officer or the head of such other office, as applicable, substituted or added as a party. Except as otherwise provided by this Act, any statutory requirements relating to notice, hearings, action upon the record, or administrative or judicial review that apply to any function transferred by this Act shall apply to the exercise of such function by the head of the Federal agency, and other officers of the agency, to which such function is transferred by this Act.
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