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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. § 1717a Prohibition against sale of obligations by Federal departments and agencies after June 30, 1966, without compliance with requirements of section 1717(c) of this title or without approval by Secretary of the Treasury; exemption us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1717a 12 U.S.C. § 1717a 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/s1717a data/legal/raw/us/code/title-12/usc12.xml 62761f6e948a1082c6414d5dc25dee1dd80c84a1807a2e2bb9c25a1e5ac49807 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa ba0477eaf71861f3ea3932e1fe03bd924a539c97d6d70939303cfc582ca07e28 2026-07-04 official
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12 U.S.C. § 1717a - Prohibition against sale of obligations by Federal departments and agencies after June 30, 1966, without compliance with requirements of section 1717(c) of this title or without approval by Secretary of the Treasury; exemption

Text

After June 30, 1966, no department or agency listed in section 1717(c)(2) of this title may sell any obligation held by it except as provided in section 1717(c) of this title, or as approved by the Secretary of the Treasury, except that this prohibition shall not apply to the Government National Mortgage Association.

(Pub. L. 89429, § 6(b), May 24, 1966, 80 Stat. 167; Pub. L. 90448, title VIII, § 807(g), Aug. 1, 1968, 82 Stat. 545.)

Notes

Editorial Notes

Codification Section was enacted as a part of the Participation Sales Act of 1966, and not as a part of the National Housing Act, which comprises this chapter or the Federal National Mortgage Association Charter Act which comprises this subchapter.

Amendments1968—Pub. L. 90448 substituted “the Government National Mortgage Association” for “secondary market operations carried on by the Federal National Mortgage Association”.

Statutory Notes and Related Subsidiaries

Effective Date of 1968 AmendmentFor effective date of amendment by Pub. L. 90448, see section 808 of Pub. L. 90448, set out as an Effective Date note under section 1716b of this title.