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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. § 2285a Acquisition of obligations involving loan guarantees for New York City us united_states_code code_section 12 BANKS AND BANKING 24 FEDERAL FINANCING BANK 2285a 12 U.S.C. § 2285a 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/s2285a data/legal/raw/us/code/title-12/usc12.xml 662877dfaa24b8eff0f0f497ce48468e036035359626df36bf4455c7c36ae897 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 85ab5225a6771dc5b4cbf60369173e5d2600b2edf0209a8d6afab2c0aa1a30b4 2026-07-04 official
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12 U.S.C. § 2285a - Acquisition of obligations involving loan guarantees for New York City

Text

Nothing in any provision of law shall be construed to authorize the Federal Financing Bank to acquire any obligation the payment of interest or principal of which has at any time been guaranteed in whole or in part under title I of the New York City Loan Guarantee Act of 1978.

(Pub. L. 95339, title II, § 201(b), Aug. 8, 1978, 92 Stat. 467.)

Notes

Editorial Notes

References in TextTitle I of the New York City Loan Guarantee Act of 1978, referred to in text, is title I of Pub. L. 95339, Aug. 8, 1978, 92 Stat. 460, which was classified generally to subchapter II (§ 1521 et seq.) of chapter 27 of former Title 31, and was omitted from the Code in the general revision and reenactment of Title 31, Money and Finance, by Pub. L. 97258, Sept. 13, 1982, 96 Stat. 877.

Codification Section was enacted as part of the New York City Loan Guarantee Act of 1978, and not as part of the Federal Financing Bank Act of 1973 which comprises this chapter.