§ 1469. Authority to invest in State housing corporations
294 words·~1 min read·
/usc/title-12/section-1469A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Congress finds that Federal savings and loan associations and national banks should have the authority to assist in financing the organization and operation of any State housing corporation established under the laws of the State in which the corporation will carry on its operation. It is the purpose of this section to provide a means whereby private financial institutions can assist in providing housing, particularly for families of low- or moderate-income, by purchasing stock of and investing in loans to any such State housing corporation situated in the particular State in which the Federal savings and loan association or national bank involved is located.
(Pub. L. 93–100, § 5(a), Aug. 16, 1973, 87 Stat. 343.)
Connections7 cite this · traces to 2
Cited by 7 sections · top 6
U.S. Code
- § 1828Regulations governing insured depository institutions
- § 1464Federal savings associations
- § 24Corporate powers of associations
- § 1832Withdrawals by negotiable or transferable instruments for transfers to third parties
- § 1470Federal supervision of insured institutions, State member and nonmember banks; access to information; definitions
5 references not yet in our index
- Pub. L. 93–100, § 5(a)
- 87 Stat. 343
- section 5 of Pub. L. 93–100
- Pub. L. 93–100, § 8
- 87 Stat. 348
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cites case law
§ 1469
Authority to invest in State housing corporations
U.S.C.×6
Fed. Reg.×1
Pub. L.Pub. L. 93–100, § 5(a)
Stat.87 Stat. 343
Pub. L.section 5 of Pub. L. 93–100
Pub. L.Pub. L. 93–100, § 8
Stat.87 Stat. 348
Cites 7Cited by 7 across 2 sources