Source: https://uscode.house.gov/view.xhtml?path=&req=granuleid%3AUSC-prelim-title38-section3704&f=&fq=&num=0&hl=false&edition=prelim
Timestamp: 2020-07-11 09:25:36
Document Index: 169324313

Matched Legal Cases: ['§ 3704', '§1804', '§3', '§5', '§217', '§25', '§2', '§2', '§7', '§4', '§8', '§415', '§313', '§3704', '§5', '§101', '§903', '§207', '§1701', '§5', '§415', '§8', '§7', '§2', '§3', '§8']

[USC02] 38 USC 3704: Restrictions on loans
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38 USC 3704: Restrictions on loans Text contains those laws in effect on July 10, 2020
(2) In any case in which a veteran is in active-duty status as a member of the Armed Forces and is unable to occupy a property because of such status, the occupancy requirements of this chapter shall be considered to be satisfied if-
( Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1206 , §1804; Pub. L. 86–73, §3, June 30, 1959, 73 Stat. 156 ; Pub. L. 86–665, §5, July 14, 1960, 74 Stat. 532 ; Pub. L. 89–117, title II, §217(b), Aug. 10, 1965, 79 Stat. 473 ; Pub. L. 90–19, §25(2), May 25, 1967, 81 Stat. 28 ; Pub. L. 91–506, §2(d), Oct. 23, 1970, 84 Stat. 1108 ; Pub. L. 93–569, §2(d), (e), Dec. 31, 1974, 88 Stat. 1863 , 1864; Pub. L. 94–324, §7(7), (8), June 30, 1976, 90 Stat. 721 ; Pub. L. 97–295, §4(64), Oct. 12, 1982, 96 Stat. 1309 ; Pub. L. 100–198, §§8(a)(1), 10(b), Dec. 21, 1987, 101 Stat. 1319 , 1323; Pub. L. 100–322, title IV, §415(c)(3), May 20, 1988, 102 Stat. 551 ; Pub. L. 101–237, title III, §313(b)(1), Dec. 18, 1989, 103 Stat. 2077 ; renumbered §3704 and amended Pub. L. 102–83, §5(a), (c)(1), Aug. 6, 1991, 105 Stat. 406 ; Pub. L. 102–486, title I, §101(c)(2), Oct. 24, 1992, 106 Stat. 2787 ; Pub. L. 103–446, title IX, §903, Nov. 2, 1994, 108 Stat. 4676 ; Pub. L. 112–154, title II, §207, Aug. 6, 2012, 126 Stat. 1179 .)
The National Housing Act, referred to in subsecs. (b) and (d), is act June 27, 1934, ch. 847, 48 Stat. 1246 , as amended, which is classified principally to chapter 13 (§1701 et seq.) of Title 12, Banks and Banking. For complete classification of this Act to the Code, see section 1701 of Title 12 and Tables.
2012-Subsec. (c)(2). Pub. L. 112–154 amended par. (2) generally. Prior to amendment, par. (2) read as follows: "In any case in which a veteran is in active duty status as a member of the Armed Forces and is unable to occupy a property because of such status, the occupancy requirements of-
1994-Subsecs. (e) to (g). Pub. L. 103–446 redesignated subsecs. (f) and (g) as (e) and (f), respectively, and struck out former subsec. (e) which read as follows: "No loan for the purchase or construction of new residential property (other than property served by a water and sewerage system approved by the Secretary of Housing and Urban Development pursuant to title X of the National Housing Act (12 U.S.C. 1749aa et seq.)) shall be financed through the assistance of this chapter, except pursuant to a commitment made prior to August 10, 1965, if such property is not served by a public or adequate community water and sewerage system and is located in an area where the appropriate local officials certify that the establishment of such systems is economically feasible. For purposes of this subsection, the economic feasibility of establishing public or adequate community water and sewerage systems shall be determined without regard to whether such establishment is authorized by law or is subject to approval by one or more local governments or public bodies."
1991-Pub. L. 102–83, §5(a), renumbered section 1804 of this title as this section.
1989-Subsecs. (a) to (c)(1), (d). Pub. L. 101–237 substituted "Secretary" for "Administrator" wherever appearing.
1988-Subsec. (c)(2)(C). Pub. L. 100–322, §415(c)(3)(A), substituted "1812(a)(5)(A)(i)" for "1819(a)(5)(A)(i)".
1987-Subsec. (c). Pub. L. 100–198, §8(a), designated existing provision as par. (1), substituted "Except as provided in paragraph (2) of this subsection, no" for "No" in first and second sentences, and added par. (2).
1982-Subsec. (e). Pub. L. 97–295 inserted "(12 U.S.C. 1749aa et seq.)" after "the National Housing Act", and substituted "August 10, 1965" for "the date of the enactment of the Housing and Urban Development Act of 1965".
1976-Subsec. (c). Pub. L. 94–324, §7(7), substituted "the veteran" for "he" in six places and "the veteran's" for "his" wherever appearing.
1974-Subsec. (b). Pub. L. 93–569, §2(e), struck out "under section 512 of that Act" after "determination of the Secretary of Housing and Urban Development".
1970-Subsec. (b). Pub. L. 91–506 substituted "Subject to notice and opportunity for a hearing, the" for "The".
1967-Subsecs. (b), (d), (e). Pub. L. 90–19 substituted "Secretary of Housing and Urban Development" for "Federal Housing Commissioner".
1965-Subsec. (e). Pub. L. 89–117 added subsec. (e).
1960-Subsec. (c). Pub. L. 86–665 inserted sentence respecting satisfaction of provisions for certification by the veteran at the time he applies for the loan and at the time the loan is closed.
1959-Subsec. (b). Pub. L. 86–73, §3(a), authorized the Administrator to refuse to appraise any property if the builder or sponsor of the property had been barred by the Federal Housing Commissioner from participation in the FHA insurance program.
Pub. L. 100–198, §8(c), Dec. 21, 1987, 101 Stat. 1320 , provided that: "The amendments made by this section [amending this section and sections 1810 and 1819 [now 3710 and 3712] of this title] shall apply with respect to loans made more than 30 days after the date of the enactment of this Act [Dec. 21, 1987]."