Sec. 8. Duties of the Secretary of the Treasury
106 words·~1 min read·
/bill/114/hr/4302/ih/section-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary shall be responsible for the implementation of this Act, including— the administration and dissolution of all functions transferred to the Secretary under section 6(a)(2); the administration and dissolution of any outstanding obligations of the Federal Government under any programs terminated by this Act; and taking such other actions as may be necessary to dissolve any outstanding affairs of the Bank. The Secretary may take such actions as may be necessary to wind up and dissolve all functions transferred to the Secretary under section 6(a)(2). Nothing in this Act may be construed to authorize positions and functions of the Bank after 60 days of abolishment.