Source: http://www.law.cornell.edu/uscode/text/46a/1272?quicktabs_8=1
Timestamp: 2013-06-19 08:25:10
Document Index: 576792517

Matched Legal Cases: ['§ 1102', '§ 46', '§ 2', '§ 1', '§ 2', '§ 12', '§ 3507', '§ 307']

46a USC Rule - Federal Ship Financing Fund | LII / Legal Information Institute
46a USC Rule - Federal Ship Financing Fund
There is created a Federal Ship Financing Fund (hereinafter referred to as the Fund) which shall be used by the Secretary or Administrator as a revolving fund for the purpose of carrying out the provisions of this subchapter, and there shall be allocated to such fund the sum of $1,000,000 out of funds made available to the Secretary or Administrator under the appropriation authorized by section 1279 [1]
of this Appendix. Moneys in the Fund shall be deposited in the Treasury of the United States to the credit of the Fund or invested in bonds or other obligations of, or guaranteed as to principal and interest by, the United States.
(June 29, 1936, ch. 858, title XI, § 1102, as added June 23, 1938, ch. 600, § 46,52 Stat. 969; amended Sept. 3, 1954, ch. 1265, § 2,68 Stat. 1268; Pub. L. 86–123, § 1(2),July 31, 1959, 73 Stat. 269; Pub. L. 92–507, § 2,Oct. 19, 1972, 86 Stat. 910; Pub. L. 97–31, § 12(136),Aug. 6, 1981, 95 Stat. 166; Pub. L. 109–163, div. C, title XXXV, § 3507(a)(1)(B),Jan. 6, 2006, 119 Stat. 3555.)
Section 1279 of this Appendix, referred to in text, was repealed by Pub. L. 101–225, title III, § 307(7),Dec. 12, 1989, 103 Stat. 1925.
2006—Pub. L. 109–163substituted “Secretary or Administrator” for “Secretary” in two places.
1981—Pub. L. 97–31struck out “of Commerce” after “Secretary” in two places.
1972—Pub. L. 92–507substituted “Federal Ship Financing Fund” for “Federal Ship Mortgage Insurance Fund”, and “Fund” for “fund” in four places.
1959—Pub. L. 86–123substituted “section 1110” for “section 1109” of act June 29, 1936, which for purposes of codification has been changed to “section 1279 of this Appendix”.
1954—Act Sept. 3, 1954, omitted provisions relating to the purchase of debentures and substituted “Secretary of Commerce” for “Commission”.