Source: http://www.law.cornell.edu/uscode/text/46a/1279a
Timestamp: 2013-12-22 05:21:01
Document Index: 61413271

Matched Legal Cases: ['§ 1108', '§ 1111', '§ 1', '§ 5', '§ 12', '§ 3521', '§ 3507', '§ 220']

46a USC Rule - Escrow fund | LII / Legal Information Institute
46a USC Rule - Escrow fund
(June 29, 1936, ch. 858, title XI, § 1108, formerly § 1111, as added Pub. L. 86–127, § 1(2),July 31, 1959, 73 Stat. 272; renumbered and amended Pub. L. 92–507, § 5,Oct. 19, 1972, 86 Stat. 916; Pub. L. 97–31, § 12(136),Aug. 6, 1981, 95 Stat. 166; Pub. L. 108–136, div. C, title XXXV, § 3521(a),Nov. 24, 2003, 117 Stat. 1799; Pub. L. 109–163, div. C, title XXXV, § 3507(a)(1)(H), (3),Jan. 6, 2006, 119 Stat. 3555.)
(a) of this Appendix by Pub. L. 96–561, title II, § 220(3)(A)(iii),Dec. 22, 1980, 94 Stat. 3292.
Subsec. (g). Pub. L. 109–163substituted “Secretary or Administrator” for “Secretary” wherever appearing and “Secretary’s or Administrator’s” for “Secretary’s” in par. (1).
1981—Subsecs. (a), (b), (d), (f). Pub. L. 97–31struck out “of Commerce” after “Secretary” wherever appearing.
1972—Subsec. (a). Pub. L. 92–507substantially reenacted subsec. (a) and substituted requirement that an escrow fund be created out of proceeds of obligations, for requirement that such fund be created out of sale of bonds.
Subsec. (b). Pub. L. 92–507substituted provisions for the disbursement of escrow fund to pay certain payments the obligor is obligated to pay, for provisions for the disbursement of such fund to pay certain payments the mortgagor or borrower is obligated to pay.
Subsec. (c). Pub. L. 92–507substituted provisions for the disbursement of the remainder of funds in the escrow fund to the obligor on the termination of the escrow agreement, for provisions for the disbursement of such funds to the mortgagor or borrower as the case may be.
Subsec. (d). Pub. L. 92–507substituted “the escrow fund” for “such fund”.
Subsec. (e). Pub. L. 92–507substituted provisions for payment of income to obligor, for provisions for payment of such income to mortgagor or borrower.
Subsec. (f). Pub. L. 92–507substituted “to protect fully” for “to fully protect”.