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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1705 Allocation of funds us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1705 12 U.S.C. § 1705 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1705 data/legal/raw/us/code/title-12/usc12.xml 1b89a47fe95039a3249c1e2ccc5392f507c475e256c6ff6e4207b5f39b68b122 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 7410250fdc05dddc3bc2264f1a2c150917b5c934bf6871a5279d5b5faffb5715 2026-07-04 official
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12 U.S.C. § 1705 - Allocation of funds

Text

For the purposes of carrying out the provisions of this subchapter and subchapters II and III, the President, in his discretion, is authorized to provide such funds or any portion thereof by allotment to the Secretary from any funds that are available, or may hereafter be made available, to the President for emergency purposes.

(June 27, 1934, ch. 847, title I, § 4, 48 Stat. 1247; June 30, 1947, ch. 166, title II, § 206(l), 61 Stat. 208; Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 9019, § 1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 98479, title II, § 204(a)(1), Oct. 17, 1984, 98 Stat. 2231.)

Notes

Editorial Notes

Amendments1984—Pub. L. 98479 substituted “such” for “suuch”. 1967—Pub. L. 9019 substituted “Secretary” for “Commissioner”. 1950—Act Apr. 20, 1950, § 122, substituted “Commissioner” for “Administrator”. 1947—Act June 30, 1947, struck out references to Reconstruction Finance Corporation.