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[1] See References in Text note below.
§ 2166. Termination of Act
(a)
Title I [sections
2071 to
2078 of this Appendix] (except section
104),[1] title III [sections
2091 to
2099a of this Appendix], and title VII [sections
2151 to
2171 of this Appendix] (except sections
707,
708, and
721 [sections
2157,
2158, and
2170 of this Appendix]), and all authority conferred thereunder, shall terminate at the close of September 30, 2008: Provided, That all authority hereby or hereafter extended under title III of this Act [sections
2091 to
2099 of this Appendix] shall be effective for any fiscal year only to such extent or in such amounts as are provided in advance in appropriation Acts. Section 714 of this Act [section
2163a of this Appendix], and all authority conferred thereunder, shall terminate at the close of July 31, 1953. Section
104,[1] and title II [section
2081 of this Appendix], and title VI [sections
2131 to
2137 of this Appendix] of this Act, and all authority conferred thereunder, shall terminate at the close of June 30, 1953. Title IV [sections
2101 to
2112 of this Appendix] and V [sections
2121 to
2123 of this Appendix] of this Act, and all authority conferred thereunder, shall terminate at the close of April 30, 1953.
(b)
Notwithstanding the foregoing—
(1)
The Congress by concurrent resolution or the President by proclamation may terminate this Act [sections
2061 to
2171 of this Appendix] prior to the termination otherwise provided therefor.
(c)
The termination of any section of this Act [sections
2061 to
2171 of this Appendix], or of any agency or corporation utilized under this Act [said sections], shall not affect the disbursement of funds under, or the carrying out of, any contract, guarantee, commitment or other obligation entered into pursuant to this Act [said sections] prior to the date of such termination, or the taking of any action necessary to preserve or protect the interests of the United States in any amounts advanced or paid out in carrying on operations under this Act [said sections], or the taking of any action (including the making of new guarantees) deemed by a guaranteeing agency to be necessary to accomplish the orderly liquidation, adjustment or settlement of any loans guaranteed under this Act [said sections], including actions deemed necessary to avoid undue hardship to borrowers in reconverting to normal civilian production; and all of the authority granted to the President, guaranteeing agencies, and fiscal agents, under section 301 of this Act [section
2091 of this Appendix] shall be applicable to actions taken pursuant to the authority contained in this subsection.
Notwithstanding any other provision of this Act [sections
2061 to
2171 of this Appendix], the termination of title VI [sections
2132 to
2137 of this Appendix] or any section thereof shall not be construed as affecting any obligation, condition, liability, or restriction arising out of any agreement heretofore entered into pursuant to, or under the authority of, section
602 or section 605 of this Act [section
2132 or
2135 of this Appendix], or any issuance thereunder, by any person or corporation and the Federal Government or any agency thereof relating to the provision of housing for defense workers or military personnel in an area designated as a critical defense housing area pursuant to law.
(d)
No action for the recovery of any cooperative payment made to a cooperative association by a Market Administrator under an invalid provision of a milk marketing order issued by the Secretary of Agriculture pursuant to the Agricultural Marketing Agreement Act of 1937 [7 U.S.C. 671 et seq.] shall be maintained unless such action is brought by producers specifically named as party plaintiffs to recover their respective share of such payments within ninety days after the date of enactment of the Defense Production Act Amendments of 1952 [June 30, 1952] with respect to any cause of action heretofore accrued and not otherwise barred, or within ninety days after accrual with respect to future payments, and unless each claimant shall allege and prove
(1)
that he objected at the hearing to the provisions of the order under which such payments were made and
(2)
that he either refused to accept payments computed with such deduction or accepted them under protest to either the Secretary or the Administrator. The district courts of the United States shall have exclusive original jurisdiction of all such actions regardless of the amount involved. This subsection shall not apply to funds held in escrow pursuant to court order. Notwithstanding any other provision of this Act [sections
2061 to
2171 of this Appendix], no termination date shall be applicable to this subsection.
[1] See References in Text note below.
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Notes
1 Pending Update(s)
Parallel authorities (CFR)
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Notes
1 Pending Update(s)
Parallel authorities (CFR)
PDF (5 pages)
Title 50a RSS
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