Sec. 106. RIGHTS; MANAGEMENT; SALE OF TROUBLED ASSETS; REVENUES AND SALE PROCEEDS
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## SEC. 106 RIGHTS; MANAGEMENT; SALE OF TROUBLED ASSETS; REVENUES AND SALE PROCEEDS **[**[12 U.S.C. 5216](/us/usc/t12/s5216)**]** ###
(a)Exercise of Rights The Secretary may, at any time, exercise any rights received in connection with troubled assets purchased under this Act. ###
(b)Management of Troubled Assets The Secretary shall have authority to manage troubled assets purchased under this Act, including revenues and portfolio risks therefrom. ###
(c)Sale of Troubled Assets The Secretary may, at any time, upon terms and conditions and at a price determined by the Secretary, sell, or enter into securities loans, repurchase transactions, or other financial transactions in regard to, any troubled asset purchased under this Act. ###
(d)Transfer to Treasury Revenues of, and proceeds from the sale of troubled assets purchased under this Act, or from the sale, exercise, or surrender of warrants or senior debt instruments acquired under section 113 shall be paid into the general fund of the Treasury for reduction of the public debt. ###
(e)Application of Sunset to Troubled Assets The authority of the Secretary to hold any troubled asset purchased under this Act before the termination date in section 120, or to purchase or fund the purchase of a troubled asset under a commitment entered into before the termination date in section 120, is not subject to the provisions of section 120. ###
(f)Report The Secretary of the Treasury shall report to Congress every 6 months on amounts received and transferred to the general fund under subsection (d).
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Sec. 106
RIGHTS; MANAGEMENT; SALE OF TROUBLED ASSETS; REVENUES AND SALE PROCEEDS
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