§ 5228. Funding

190 words·~1 min read·/usc/title-12/section-5228

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For the purpose of the authorities granted in this chapter, and for the costs of administering those authorities, the Secretary may use the proceeds of the sale of any securities issued under chapter 31 of title 31, and the purposes for which securities may be issued under chapter 31 of title 31 are extended to include actions authorized by this chapter, including the payment of administrative expenses. Any funds expended or obligated by the Secretary for actions authorized by this chapter, including the payment of administrative expenses, shall be deemed appropriated at the time of such expenditure or obligation.

(Pub. L. 110–343, div. A, title I, § 118, Oct. 3, 2008, 122 Stat. 3786.)

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Cited by 4 sections

U.S. Code

statute-compilations

Sec. 118
FUNDING

statutes-at-large

Public Law 110–343
To provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives

Traces to 1 document

U.S. Code

Purposes
§ 5201

4 references not yet in our index

Pub. L. 110–343, div. A, title I, § 118
122 Stat. 3786
Pub. L. 110–343
122 Stat. 3765

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cites case law

§ 5228

Funding

U.S.C.×2

Stat. Comp.×1

Stat.×1

U.S.C.§ 5201

Pub. L.Pub. L. 110–343, div. A, title I, § 118

Stat.122 Stat. 3786

Pub. L.Pub. L. 110–343

Stat.122 Stat. 3765

Cites 5Cited by 4 across 3 sources