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12 U.S.C. § 4749 — Regulations

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4749 — Regulations

The Fund shall promulgate appropriate regulations to implement this subchapter.

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Stable record: federal_law:legal_authorities:record_usc_5bc942f3ec3711b1a13538c2
Source file: Laws/federal/codes/united-states-code/title-12/section-4749-regulations--18e1abb028.md
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Source location: Title 12, Chapter 47, § 4749; chapter-047-community-development-banking.md

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The Fund shall promulgate appropriate regulations to implement this subchapter.

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4746 — Reports

**(a) Reserve funds report** On or before the last day of each calendar quarter, a participating State shall submit to the Fund a report of contributions to reserve funds made by the participating State during the previous calendar quarter. If the participating State has made contributions to one or more reserve funds during the previous quarter, the report shall— (1) indicate the total amount of such contributions; (2) indicate the amount of contributions which is subject to reimbursement, which shall be equal to the total amount of contributions, unless one of the limitations contained in [section 4747 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4747&num=0&edition=prelim) is applicable; (3) if one of the limitations in [section 4747 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4747&num=0&edition=prelim) is applicable, provide documentation of the applicability of such limitation for each loan for which the limitation applies; and (4) include a certification by the participating State that— (A) the information provided in accordance with paragraphs (1), (2), and (3) is accurate; (B) funds in an amount meeting the minimum requirements of [section 4743(b)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4743/b/3&num=0&edition=prelim) continue to be available and legally committed to contributions by the State to reserve funds, less any amount that has been contributed by the State to reserve funds subsequent to the State being approved for participation in the Program; (C) there has been no unapproved amendment to any participation agreement or the form of participation agreements; and (D) the participating State is oth

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4749 — Regulations

Page 1760 TITLE 12—BANKS AND BANKING § 4748 1 See References in Text note below. (2) by applying subsection (e) to the balance of the loan. (Pub. L. 103–325, title II, § 257, Sept. 23, 1994, 108 Stat. 2212.) § 4748. Reimbursement to Fund (a) In general If a participating State withdraws funds from a reserve fund pursuant to terms of the partici- pation agreement permitted by subsection (d) or (r) of section 4745 of this title, such partici- pating State shall, not later than 15 calendar days after such withdrawal, submit to the Fund an amount computed by multiplying the amount withdrawn by the appropriate factor, as determined under subsection (b). (b) Factor The appropriate factor shall be obtained by di- viding the total amount of contributions that have been made by the participating State to all reserve funds which were subject to reimburse- ment— (1) by 2; and (2) by the total amount of contributions made by the participating State to all reserve funds, including if applicable, contributions that have been made by the State prior to be- coming a participating State if the State con- tinued its own capital access program in ac- cordance with section 4743(b) of this title. (c) Use of reimbursements The Fund may use funds reimbursed pursuant to this section to make reimbursements under section 4747 of this title. (Pub. L. 103–325, title II, § 258, Sept. 23, 1994, 108 Stat. 2213.) § 4749. Regulations The Fund shall promulgate appropriate regu- lations to implement this subchapter. (Pub. L. 103–325, title II, § 259, Sept. 23, 1994, 108 Stat. 2214.) § 4750. Authorization of appropriations (a) Amount There are authorized to be appropriated to the Fund $50,000,000 to carry out this subchapter. (b) Budgetary treatment The amount aut

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 4749

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