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42 U.S.C. § 4003 — Federal Insurance Administrator; establishment of position

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

42 U.S.C. § 4003 — Federal Insurance Administrator; establishment of position

There is hereby established in the Federal Emergency Management Agency the position of Federal Insurance Administrator.

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Stable record: federal_law:legal_authorities:record_usc_cf33a8a93ffe767c8bc7f89d
Source file: Laws/federal/codes/united-states-code/title-42/section-4003-federal-insurance-administrator-establishment-of-position--039a913d60.md
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Source location: Title 42, Chapter 50, § 4003; chapter-050-national-flood-insurance.md

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There is hereby established in the Federal Emergency Management Agency the position of Federal Insurance Administrator.

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

6 U.S.C. § 542 — Federal air marshal program

(1) **Sense of Congress** — It is the sense of Congress that the Federal air marshal program is critical to aviation security. (2) **Limitation on statutory construction** — Nothing in this chapter, including any amendment made by this chapter, shall be construed as preventing the Under Secretary of Transportation for Security from implementing and training Federal air marshals.

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

42 U.S.C. § 3533a — Transferred

### Statutory Notes Section, Pub. L. 90–448, title XI, § 1105(a), Aug. 1, 1968, 82 Stat. 567; Pub. L. 96–153, title VI, § 603(a), Dec. 21, 1979, 93 Stat. 1138, which established in Federal Emergency Management Agency position of Federal Insurance Administrator, was transferred to [section 4129 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4129&num=0&edition=prelim).

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

42 U.S.C. § 4015a — Flood insurance purchase and compliance requirements and escrow accounts

**(a) Amount and term of coverage** After the expiration of sixty days following December 31, 1973, no Federal officer or agency shall approve any financial assistance for acquisition or construction purposes for use in any area that has been identified by the Administrator as an area having special flood hazards and in which the sale of flood insurance has been made available under the National Flood Insurance Act of 1968 [[42 U.S.C. 4001](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4001&num=0&edition=prelim) et seq.], unless the building or mobile home and any personal property to which such financial assistance relates is covered by flood insurance in an amount at least equal to its development or project cost (less estimated land cost) or to the maximum limit of coverage made available with respect to the particular type of property under the National Flood Insurance Act of 1968, whichever is less: Provided, That if the financial assistance provided is in the form of a loan or an insurance or guaranty of a loan, the amount of flood insurance required need not exceed the outstanding principal balance of the loan and need not be required beyond the term of the loan. The requirement of maintaining flood insurance shall apply during the life of the property, regardless of transfer of ownership of such property. **(b) Requirement for mortgage loans** (1) **Regulated lending institutions** — Each Federal entity for lending regulation (after consultation and coordination with the Financial Institutions Examination Council established under the Federal Financial Institutions Examination Council Act of 1974 [[12 U.S.C. 3301](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section3301&num=0&edition=prelim) et seq.]) shall

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

42 U.S.C. § 4003 — Definitions applicable to Flood Disaster

Page 6004 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 4002 RELATION OF TITLE V OF PUB. L. 103–325 TO STATE AND LOCAL LAWS Pub. L. 103–325, title V, § 584, Sept. 23, 1994, 108 Stat. 2287, provided that: ‘‘This title [see Short Title of 1994 Amendment note above] and the amendments made by this title may not be construed to preempt, annul, alter, amend, or exempt any person from compliance with any law, ordinance, or regulation of any State or local government with respect to land use, manage- ment, or control.’’ Executive Documents FLOODPLAIN MANAGEMENT For provisions relating to the reduction of the risk of flood loss, the minimization of the impact of floods on human safety, health and welfare, and the management of floodplains, see Ex. Ord. No. 11988, May 24, 1977, 42 F.R. 26951, set out as a note under section 4321 of this title. § 4002. Additional Congressional findings and declaration of purpose (a) The Congress finds that— (1) annual losses throughout the Nation from floods and mudslides are increasing at an alarming rate, largely as a result of the accel- erating development of, and concentration of population in, areas of flood and mudslide haz- ards; (2) the availability of Federal loans, grants, guaranties, insurance, and other forms of fi- nancial assistance are often determining fac- tors in the utilization of land and the location and construction of public and of private in- dustrial, commercial, and residential facili- ties; (3) property acquired or constructed with grants or other Federal assistance may be ex- posed to risk of loss through floods, thus frus- trating the purpose for which such assistance was extended; (4) Federal instrumentalities insure or oth- erwise provide financial protection to banking and credit institutio

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