Sec. 204. Regulations; reports
77 words·~1 min read·
/bill/114/s/495/is/section-204·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 12 months after the date of the appointment of the Director, the MFA shall issue such regulations, guidelines, orders, requirements, and standards as may be necessary for the establishment and operation of the MFA. Not later than 6 months after the date of the appointment of the Director, the Board of Directors shall provide to Congress a progress report on the drafting of regulations and other conditions precedent to the MFA becoming fully operational.