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42 U.S.C. § 4501 — Repealed. Pub. L. 98–181, title I [title IV, § 474(e)], Nov. 30, 1983, 97 Stat. 1239
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section 4528, Pub. L. 91–609, title VII, § 727(a), Dec. 31, 1970, 84 Stat. 1802, provided for termination of new community development projects under chapter 48 (§ 3901 et seq.) of this title and transition provisions for projects under this part.
Section 4529, Pub. L. 91–609, title VII, § 727(f), Dec. 31, 1970, 84 Stat. 1803, provided for application of Federal labor standards for laborers and mechanics employed by contractors and subcontractors in new communities development program.
Section 4530, Pub. L. 91–609, title VII, § 727(g), Dec. 31, 1970, 84 Stat. 1803, directed that the interest paid on obligations issued by State land development agencies be included as gross income for purposes of chapter 1 of title 26.
Section 4531, Pub. L. 91–609, title VII, § 728, Dec. 31, 1970, 84 Stat. 1803, authorized use of funds under the new communities development program jointly with funds available under other Federal assistance programs.
Section 4532, Pub. L. 91–609, title VII, § 729, Dec. 31, 1970, 84 Stat. 1804; Pub. L. 93–383, title VIII, § 803(a), (b), Aug. 22, 1974, 88 Stat. 725, provided for establishment and operation of New Community Development Corporation within Department of Housing and Urban Development.
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Source file: Laws/federal/codes/united-states-code/title-42/section-4501-repealed-pub-l-98181-title-i-title-iv-474-e-nov-30-1983-97-stat-1239--8841110c1b.md
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Source location: Title 42, Chapter 59, § 4501; chapter-059-national-urban-policy-and-new-community-development.md
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### Statutory Notes
Section 4528, Pub. L. 91–609, title VII, § 727(a), Dec. 31, 1970, 84 Stat. 1802, provided for termination of new community development projects under chapter 48 (§ 3901 et seq.) of this title and transition provisions for projects under this part.
Section 4529, Pub. L. 91–609, title VII, § 727(f), Dec. 31, 1970, 84 Stat. 1803, provided for application of Federal labor standards for laborers and mechanics employed by contractors and subcontractors in new communities development program.
Section 4530, Pub. L. 91–609, title VII, § 727(g), Dec. 31, 1970, 84 Stat. 1803, directed that the interest paid on obligations issued by State land development agencies be included as gross income for purposes of chapter 1 of title 26.
Section 4531, Pub. L. 91–609, title VII, § 728, Dec. 31, 1970, 84 Stat. 1803, authorized use of funds under the new communities development program jointly with funds available under other Federal assistance programs.
Section 4532, Pub. L. 91–609, title VII, § 729, Dec. 31, 1970, 84 Stat. 1804; Pub. L. 93–383, title VIII, § 803(a), (b), Aug. 22, 1974, 88 Stat. 725, provided for establishment and operation of New Community Development Corporation within Department of Housing and Urban Development.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** In order to provide thrift institutions for the deposit of funds and for the extension of credit for homes and other goods and services, the Comptroller of the Currency is authorized, under such regulations as the Comptroller of the Currency may prescribe—
(1) to provide for the organization, incorporation, examination, operation, and regulation of associations to be known as Federal savings associations (including Federal savings banks), and
(2) to issue charters therefor,
giving primary consideration of the best practices of thrift institutions in the United States. The lending and investment powers conferred by this section are intended to encourage such institutions to provide credit for housing safely and soundly.
**(b) Deposits and related powers**
(1) **Deposit accounts**
(A) Subject to the terms of its charter and regulations of the Comptroller of the Currency, a Federal savings association may—
(i) raise funds through such deposit, share, or other accounts, including demand deposit accounts (hereafter in this section referred to as “accounts”); and
(ii) issue passbooks, certificates, or other evidence of accounts.
(B) A Federal savings association may not permit any overdraft (including an intraday overdraft) on behalf of an affiliate, or incur any such overdraft in such savings association’s account at a Federal reserve bank or Federal home loan bank on behalf of an affiliate.All savings accounts and demand accounts shall have the same priority upon liquidation. Holders of accounts and obligors of a Federal savings association shall, to such extent as may be provided by its charter or by regulations of the Comptroller of the Currency, be members of the savings association, and shall have such voting rights and such other
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1464
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Law applicable** In order to provide for the management and orderly liquidation of the assets, and discharge the liabilities, acquired or incurred in connection with the new communities program authorized pursuant to title IV of the Housing and Urban Development Act of 1968 [[42 U.S.C. 3901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section3901&num=0&edition=prelim) et seq.] and title VII of the Housing and Urban Development Act of 1970 [[42 U.S.C. 4501](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4501&num=0&edition=prelim) et seq.] (hereafter referred to in this section as “title IV” and “title VII”, respectively), the liquidation of the new communities program shall be carried out pursuant to the provisions of law applicable to the revolving fund (liquidating programs) established pursuant to title II of the Independent Offices Appropriations Act, 1955 [[12 U.S.C. 1701g–5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701g-5&num=0&edition=prelim)], upon the transfer by the Secretary of Housing and Urban Development (hereafter in this section referred to as the “Secretary”) of the assets and liabilities of the fund authorized under section 717 of title VII [[42 U.S.C. 4518](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4518&num=0&edition=prelim)] to such revolving fund, as required in title I of the Department of Housing and Urban Development-Independent Agencies Appropriation Act, 1984 [[12 U.S.C. 1701g–5a](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701g-5a&num=0&edition=prelim)]. The Secretary shall report to the Congress not less than sixty days prior to taking any action with respect to the disposition of re
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Applicability of approved plan to housing assistance application; procedure upon receipt of application by Secretary of Housing and Urban Development; definitions**
(1) The Secretary of Housing and Urban Development, upon receiving an application for housing assistance under the United States Housing Act of 1937 [[42 U.S.C. 1437](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1437&num=0&edition=prelim) et seq.],11 So in original. The comma probably should be “or”. section 101 of the Housing and Urban Development Act of 1965 [[12 U.S.C. 1701s](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701s&num=0&edition=prelim)], or,22 So in original. The word “or” and the comma probably should not appear. if the unit of general local government in which the proposed assistance is to be provided has an approved housing assistance plan, shall—
(A) not later than ten days after receipt of the application, notify the chief executive officer of such unit of general local government that such application is under consideration; and
(B) afford such unit of general local government the opportunity, during the thirty-day period beginning on the date of such notification, to object to the approval of the application on the grounds that the application is inconsistent with its housing assistance plan.
Upon receiving an application for such housing assistance, the Secretary shall assure that funds made available under this section shall be utilized to the maximum extent practicable to meet the needs and goals identified in the unit of local government’s housing assistance plan.
(2) If the unit of general local government objects to the application on the grounds that it is inconsistent with its housing assistance plan,
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1436c
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section 3901, Pub. L. 90–448, title IV, § 402, Aug. 1, 1968, 82 Stat. 513, set out a Congressional statement of purpose for this chapter.
Section 3902, Pub. L. 90–448, title IV, § 403, Aug. 1, 1968, 82 Stat. 514, provided Secretary with authority to guarantee obligations.
Section 3903, Pub. L. 90–448, title IV, § 404, Aug. 1, 1968, 82 Stat. 514, related to eligible new community development entitled to guarantees under this chapter.
Section 3904, Pub. L. 90–448, title IV, § 405, Aug. 1, 1968, 82 Stat. 514, related to eligibility of bonds, debentures, notes, and other obligations under this chapter.
Section 3905, Pub. L. 90–448, title IV, § 406, Aug. 1, 1968, 82 Stat. 515, related to fees and charges for guarantees and the submission of a report to Congress concerning such fees and charges.
Section 3906, Pub. L. 90–448, title IV, § 407, Aug. 1, 1968, 82 Stat. 515; Pub. L. 91–351, title VII, § 703, July 24, 1970, 84 Stat. 462; Pub. L. 91–609, title III, § 303(a), Dec. 31, 1970, 84 Stat. 1780, provided for a revolving guarantee fund. [Section 4528 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4528&num=0&edition=prelim) transferred all receipts, funds, or other assets and all liabilities of the revolving fund established under this section to the revolving fund established under [section 4518 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4518&num=0&edition=prelim).
#### Short Title
Pub. L. 90–448, title IV, § 401, Aug. 1, 1968, 82 Stat. 513, which provided that this title, which enacted this chapter and amended [section 1492 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1492&num=0&edition=prelim) and sections 371 a
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 3901 to 3906
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Federal law — U.S. Code and appendices · legal_authorities
Page 6184
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§§ 4457 to 4462
Secretary of Agriculture to reschedule and refinance
Federal loans under the Rural Electrification Adminis-
tration, was transferred to section 912a of Title 7, Agri-
culture.
Section 4455(b), Pub. L. 91–606, title II, § 236(b), Dec.
31, 1970, 84 Stat. 1754, which related to authority of the
Secretary of Housing and Urban Development to re-
schedule and refinance Federal loans, was transferred
to section 3538 of this title.
Section 4456, Pub. L. 91–606, title II, § 237, Dec. 31, 1970,
84 Stat. 1754, which related to disaster aid to major
sources of employment, was transferred to section 636d
of Title 15, Commerce and Trade.
§§ 4457 to 4462. Repealed. Pub. L. 93–288, title
VII, § 703, formerly title VI, § 603, May 22,
1974, 88 Stat. 164; renumbered title VII, § 703,
Pub.
L.
103–337,
div.
C,
title
XXXIV,
§ 3411(a)(1), (2), Oct. 5, 1994, 108 Stat. 3100
Section 4457, Pub. L. 91–606, title II, § 238, Dec. 31, 1970,
84 Stat. 1755, related to food stamp and surplus com-
modities programs.
Section 4458, Pub. L. 91–606, title II, § 239, Dec. 31, 1970,
84 Stat. 1755, related to legal services.
Section 4459, Pub. L. 91–606, title II, § 240, Dec. 31, 1970,
84 Stat. 1755, related to unemployment assistance.
Section 4460, Pub. L. 91–606, title II, § 241, Dec. 31, 1970,
84 Stat. 1756, related to community disaster grants to
local governments.
Section 4461, Pub. L. 91–606, title II, § 242, Dec. 31, 1970,
84 Stat. 1756, related to timber sale contracts.
Section 4462, Pub. L. 91–606, title II, § 243, Dec. 31, 1970,
84 Stat. 1757, related to standards for residential struc-
ture restoration.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF REPEAL
Repeal effective Apr. 1, 1974, see
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 4501
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