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12 U.S.C. § 4503

U.S. CodeFederal
Protection of taxpayers against liability
About This Law
/us/usc/t12/s4503
Title
12 — Banks and Banking
Chapter
CH46
Release
119-84
Release Date
2026-04-17

Section Text

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This chapter may not be construed as obligating the Federal Government, either directly or indirectly, to provide any funds to the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, or the Federal Home Loan Banks, or to honor, reimburse, or otherwise guarantee any obligation or liability of the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, or the Federal Home Loan Banks. This chapter may not be construed as implying that any such enterprise or Bank, or any obligations or securities of such an enterprise or Bank, are backed by the full faith and credit of the United States. (Pub. L. 102–550, title XIII, § 1304, Oct. 28, 1992, 106 Stat. 3944.) Editorial Notes References in TextThis chapter, referred to in text, was in the original “This title and the amendments made by this title”, meaning title XIII of Pub. L. 102–550, Oct. 28, 1992, 106 Stat. 3941, which is classified principally to this chapter. For complete classification of title XIII to the Code, see Short Title note set out under section 4501 of this title and Tables.

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