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12 U.S.C. § 3050 — Authorization of appropriations for administration; availability of amounts
Federal law — U.S. Code and appendices · legal_authorities
There are authorized to be appropriated to the Office $2,000,000 for the fiscal year ending September 30, 1979, and for each of the two succeeding fiscal years, such sums as may be necessary for the administration of this subchapter. Any sums so appropriated shall remain available until expended.
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Stable record: federal_law:legal_authorities:record_usc_2caaab048d5af01cfe63e12c
Source file: Laws/federal/codes/united-states-code/title-12/section-3050-authorization-of-appropriations-for-administration-availability-of-amoun--079b287765.md
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Source location: Title 12, Chapter 31, § 3050; chapter-031-national-consumer-cooperative-bank.md
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There are authorized to be appropriated to the Office $2,000,000 for the fiscal year ending September 30, 1979, and for each of the two succeeding fiscal years, such sums as may be necessary for the administration of this subchapter. Any sums so appropriated shall remain available until expended.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Office of Self-Help Development and Technical Assistance abolished; transfer of assets, etc.**
(1) Upon the incorporation of the nonprofit corporation described in subsection (b), the Office of Self-Help Development and Technical Assistance is hereby abolished.
(2)
(A) If the nonprofit corporation described in subsection (b) agrees to accept the liabilities of the Office, the Bank, notwithstanding any other provision of law, shall transfer all assets, liabilities, and property of the Office to such nonprofit corporation on the day on which such nonprofit corporation is incorporated.
(B) Such assets shall include all sums which are appropriated to the Office by the Congress and all sums which are contained in the Account established pursuant to [section 3042 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section3042&num=0&edition=prelim). If any such sums are appropriated after the date on which the transfer described in subparagraph (A) occurs, the Bank shall promptly transfer such sums to such nonprofit corporation.
**(b) Establishment; Board of Directors; functions, etc.**
(1) As soon as possible after August 13, 1981, the Board shall establish a nonprofit corporation under the laws of the District of Columbia and, notwithstanding the laws of the District of Columbia, name the directors of such nonprofit corporation.
(2) Notwithstanding the laws of the District of Columbia, the Board of Directors of such nonprofit corporation shall—
(A) select an executive director who shall be responsible for the administration of such nonprofit corporation;
(B) set the compensation of such executive director and the other employees of such nonprofit corporation;
(C) promulgate and publish the policies of such nonprofit c
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 3001
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Federal law — U.S. Code and appendices · legal_authorities
Page 1491
TITLE 12—BANKS AND BANKING
§ 3051
of their responsibilities; the problems of and so-
lutions for effective and efficient operation of
their organizations or of cooperatives in gen-
eral; and may by any means it deems appro-
priate, conduct membership studies, provide
membership education programs, and programs
for informing consumers and the general public
of the advantages of cooperative action. Man-
agement supervision, review, and consultations
shall be available from the Office to any eligible
cooperative.
(Pub. L. 95–351, title II, § 207, Aug. 20, 1978, 92
Stat. 513.)
§ 3048. Cooperation with Federal agencies offer-
ing programs for consumer cooperatives in
disseminating information
The Office shall work closely with all United
States Government agencies offering programs
for which consumer cooperatives may be eligible
to assure that information concerning all such
programs is made available to eligible coopera-
tives.
(Pub. L. 95–351, title II, § 208, Aug. 20, 1978, 92
Stat. 513.)
§ 3049. Authorization of appropriations for ad-
ministration; availability of amounts
There are authorized to be appropriated to the
Office $2,000,000 for the fiscal year ending Sep-
tember 30, 1979, and for each of the two suc-
ceeding fiscal years, such sums as may be nec-
essary for the administration of this subchapter.
Any sums so appropriated shall remain available
until expended.
(Pub. L. 95–351, title II, § 209, Aug. 20, 1978, 92
Stat. 513.)
§ 3050. Fees for providing technical assistance
services; waiver; accounting and availability
The Office may make the technical assistance
services under this subchapter available for such
fees as it may establish, except that such serv-
ices as the Office may determine may be made
available without cha
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 3050
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