Repealed. Aug. 2, 1954, ch. 649, title II, § 206, 68 Stat. 622
About This Law
/us/usc/t12/s1716–1 /us/usc/t12/s1716a
Title
12 — Banks and Banking
Chapter
CH13
Release
119-84
Release Date
2026-04-17
Section Text
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Section 1716–1, acts Oct. 30, 1951, ch. 642, 65 Stat. 599; June 30, 1953, ch. 170, § 14, 67 Stat. 125, related to special authority of the Federal National Mortgage Association to make advance commitments, under certain conditions, with respect to insured cooperative-housing mortgages under section 1715e of this title.
Section 1716a, act Sept. 1, 1951, ch. 378, title VI, § 608(a), 65 Stat. 315, required that one of the persons constituting the Board of Directors of the Federal National Mortgage Association be appointed by the Administrator of Veterans’ Affairs from among personnel of the Veterans’ Administration.
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