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2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1701k Right to redeem property on which United States has lien us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1701k 12 U.S.C. § 1701k 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/s1701k data/legal/raw/us/code/title-12/usc12.xml 3baa90dbebc59145656540bc874fc3fca71e552301a1557d3378683baaf895a3 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 6320fbf64888434d4dc131c6fba5abb9def1df1678aef68ecb7c881e8f402638 2026-07-04 official
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12 U.S.C. § 1701k - Right to redeem property on which United States has lien

Text

The right to redeem provided for by section 2410(c) of title 28, shall not arise in any case in which the subordinate lien or interest of the United States derives from the issuance of insurance under the National Housing Act, as amended [12 U.S.C. 1701 et seq.].

(Apr. 20, 1950, ch. 94, title V, § 505, 64 Stat. 81; Pub. L. 85857, § 13(q), Sept. 2, 1958, 72 Stat. 1266.)

Notes

Editorial Notes

References in TextThe National Housing Act, as amended, referred to in text, is act June 27, 1934, ch. 847, 48 Stat. 1246, which is classified principally to this chapter (§ 1701 et seq.). For complete classification of this Act to the Code, see section 1701 of this title and Tables.

Codification Section was enacted as part of the Housing Act of 1950, and not as part of the National Housing Act which comprises this chapter.

Amendments1958—Pub. L. 85857 struck out provisions which related to the right to redeem in cases in which the subordinate lien or interest derives from the issuance of guaranties of insurance under the Servicemans Readjustment Act of 1944, as amended.

Statutory Notes and Related Subsidiaries

Effective Date of 1958 AmendmentAmendment by Pub. L. 85857 effective Jan. 1, 1959, see section 2 of Pub. L. 85857, set out as an Effective Date note preceding part 1 of Title 38, Veterans Benefits.

Act April 20, 1950, as Controlling Law; Housing and Home Finance Administrator UnaffectedAct Apr. 20, 1950, ch. 94, title V, § 509, 64 Stat. 81, provided that: “Insofar as the provisions of any other law are inconsistent with the provisions of this Act [see Tables for classification] the provisions of this Act shall be controlling: Provided, That nothing contained in this Act shall affect the authority of the Housing and Home Finance Administrator under title II of Public Law 266, Eighty-first Congress [Act Aug. 24, 1949, ch. 506, title II, 63 Stat. 657].”

Powers and Authorities of Act April 20, 1950, as Cumulative; SeparabilityAct Apr. 20, 1950, ch. 94, title V, § 510, 64 Stat. 81, provided that: “Except as may be otherwise expressly provided in this Act [see Tables for classification] all powers and authorities conferred by this Act shall be cumulative and additional to and not in derogation of any powers and authorities otherwise existing. Notwithstanding any other evidences of the intention of Congress, it is hereby declared to be the controlling intent of Congress that if any provisions of this Act, or the application thereof to any persons or circumstances, shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act or its applications to other persons and circumstances, but shall be confined in its operation to the provisions of this Act, or the application thereof to the persons and circumstances, directly involved in the controversy in which such judgment shall have been rendered.”