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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 42 U.S.C. § 4083 Settlement of claims; arbitration us united_states_code code_section 42 THE PUBLIC HEALTH AND WELFARE 50 NATIONAL FLOOD INSURANCE 4083 42 U.S.C. § 4083 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip /us/usc/t42/s4083 data/legal/raw/us/code/title-42/usc42.xml 25be8c36c3efeea6644cc9ffe538482968cce4ba60abaf946b6d191bb7ec9930 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e dbd900ee887381b5560682809d0a3cfef2f97e3b31c29b4029a1db2215eab2e1 2026-07-04 official
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42 U.S.C. § 4083 - Settlement of claims; arbitration

Text

(a) The Administrator is authorized to make final settlement of any claims or demands which may arise as a result of any financial transactions which he is authorized to carry out under this subchapter, and may, to assist him in making any such settlement, refer any disputes relating to such claims or demands to arbitration, with the consent of the parties concerned.

(b) Such arbitration shall be advisory in nature, and any award, decision, or recommendation which may be made shall become final only upon the approval of the Administrator.

(Pub. L. 90448, title XIII, § 1347, Aug. 1, 1968, 82 Stat. 586; Pub. L. 98181, title I [title IV, § 451(d)(1)], Nov. 30, 1983, 97 Stat. 1229; Pub. L. 112141, div. F, title II, § 100238(b)(1), July 6, 2012, 126 Stat. 958.)

Notes

Editorial Notes

Amendments2012—Pub. L. 112141 substituted “Administrator” for “Director” in subsecs. (a) and (b). 1983—Pub. L. 98181 substituted “Director” for “Secretary” in subsecs. (a) and (b).

Statutory Notes and Related Subsidiaries

Effective DateSection effective 120 days following Aug. 1, 1968, or such later date prescribed by the Secretary but in no event more than 180 days following Aug. 1, 1968, see section 1377 of Pub. L. 90448, set out as a note under section 4001 of this title.

Transfer of Functions For transfer of all functions, personnel, assets, components, authorities, grant programs, and liabilities of the Federal Emergency Management Agency, including the functions of the Under Secretary for Federal Emergency Management relating thereto, to the Federal Emergency Management Agency, see section 315(a)(1) of Title 6, Domestic Security. For transfer of functions, personnel, assets, and liabilities of the Federal Emergency Management Agency, including the functions of the Director of the Federal Emergency Management Agency relating thereto, to the Secretary of Homeland Security, and for treatment of related references, see former section 313(1) and sections 551(d), 552(d), and 557 of Title 6, Domestic Security, and the Department of Homeland Security Reorganization Plan of November 25, 2002, as modified, set out as a note under section 542 of Title 6.