Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section860D&num=0&edition=prelim
Timestamp: 2020-08-09 15:12:49
Document Index: 156462072

Matched Legal Cases: ['§ 860', '§860', '§671', '§1006', '§11704', '§1006', '§1006', '§1006', '§1006', '§1006']

[USC02] 26 USC 860D: REMIC defined
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26 USC 860D: REMIC defined Text contains those laws in effect on August 8, 2020
§860D. REMIC defined
For purposes of this title, the terms "real estate mortgage investment conduit" and "REMIC" mean any entity-
(6) with respect to which there are reasonable arrangements designed to ensure that-
(Added Pub. L. 99–514, title VI, §671(a), Oct. 22, 1986, 100 Stat. 2311 ; amended Pub. L. 100–647, title I, §1006(t)(2)(A), (16)(A), (19), Nov. 10, 1988, 102 Stat. 3419 , 3423, 3426; Pub. L. 101–508, title XI, §11704(a)(8), Nov. 5, 1990, 104 Stat. 1388–518 .)
1990-Subsec. (a). Pub. L. 101–508 inserted closing parenthesis before period at end.
1988-Subsec. (a). Pub. L. 100–647, §1006(t)(19), inserted at end "In the case of a qualified liquidation (as defined in section 860F(a)(4)(A)), paragraph (4) shall not apply during the liquidation period (as defined in section 860F(a)(4)(B)."
Subsec. (a)(4). Pub. L. 100–647, §1006(t)(2)(A)(i), substituted "3rd month beginning after" for "4th month ending after".
Pub. L. 100–647, §1006(t)(2)(A)(ii), substituted "and at all times thereafter" for "and each quarter ending thereafter".
Pub. L. 100–647, title I, §1006(t)(2)(B), Nov. 10, 1988, 102 Stat. 3419 , provided that: "The amendment made by subparagraph (A)(ii) [amending this section] shall take effect on January 1, 1988."
Pub. L. 100–647, title I, §1006(t)(16)(D)(i), Nov. 10, 1988, 102 Stat. 3425 , provided that: "The amendments made by subparagraph (A) [amending this section] shall apply in the case of any REMIC where the start-up day (as defined in section 860G(a)(9) of the 1986 Code, as in effect on the day before the date of the enactment of this Act [Nov. 10, 1988]) is after March 31, 1988; except that such amendments shall not apply in the case of a REMIC formed pursuant to a binding written contract in effect on such date."