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Code · BILL · 114th Congress · H.R. 5983 (Introduced in House) — To create hope and opportunity for consumers, investors, and entrepreneurs by ending bailouts and Too Big to Fail, ho... · Sec. 243

Sec. 243. Restrictions on use of the Exchange Stabilization Fund

73 words·~1 min read·/bill/114/hr/5983/ih/section-243

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Section 5302 of title 31, United States Code, is amended by adding at the end the following: Amounts in the fund may not be used for the establishment of a guaranty program for any nongovernmental entity. . Section 131(b) of the Emergency Economic Stabilization Act of 2008 ( 12 U.S.C. 5236(b) ) is amended by inserting , or for the purposes of preventing the liquidation or insolvency of any entity before the period.
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Sec. 243
Restrictions on use of the Exchange Stabilization Fund
U.S.C.§ 5236
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