46a USC Rule - Federal Ship Financing Fund

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There is created a Federal Ship Financing Fund (hereinafter referred to as the Fund) which shall be used by the Secretary or Administrator as a revolving fund for the purpose of carrying out the provisions of this subchapter, and there shall be allocated to such fund the sum of $1,000,000 out of funds made available to the Secretary or Administrator under the appropriation authorized by section 1279 ^[1] of this Appendix. Moneys in the Fund shall be deposited in the Treasury of the United States to the credit of the Fund or invested in bonds or other obligations of, or guaranteed as to principal and interest by, the United States.

[1] See References in Text note below.

Source

(June 29, 1936, ch. 858, title XI, § 1102, as added June 23, 1938, ch. 600, § 46,52 Stat. 969; amended Sept. 3, 1954, ch. 1265, § 2,68 Stat. 1268; Pub. L. 86–123, § 1(2),July 31, 1959, 73 Stat. 269; Pub. L. 92–507, § 2,Oct. 19, 1972, 86 Stat. 910; Pub. L. 97–31, § 12(136),Aug. 6, 1981, 95 Stat. 166; Pub. L. 109–163, div. C, title XXXV, § 3507(a)(1)(B),Jan. 6, 2006, 119 Stat. 3555.)

References in Text

Section 1279 of this Appendix, referred to in text, was repealed by Pub. L. 101–225, title III, § 307(7),Dec. 12, 1989, 103 Stat. 1925.

Amendments

2006—Pub. L. 109–163substituted “Secretary or Administrator” for “Secretary” in two places.

1981—Pub. L. 97–31struck out “of Commerce” after “Secretary” in two places.

1972—Pub. L. 92–507substituted “Federal Ship Financing Fund” for “Federal Ship Mortgage Insurance Fund”, and “Fund” for “fund” in four places.

1959—Pub. L. 86–123substituted “section 1110” for “section 1109” of act June 29, 1936, which for purposes of codification has been changed to “section 1279 of this Appendix”.

1954—Act Sept. 3, 1954, omitted provisions relating to the purchase of debentures and substituted “Secretary of Commerce” for “Commission”.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, April 16, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

How To Use

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The Session Year indicates which session of Congress was responsible for the changes classified. The Congress number forms the first part of the Public Law number; each Congress has two sessions.

Abbreviations used in the Description of Change column:

An empty field implies a standard amendment.
"new" means a new section or new note, or all new text of an existing section or note.
"nt" means note.
"nt [tbl]" means note [table].
"prec" means preceding.
"fr" means a transfer from another section.
"to" means a transfer to another section.
"omitted" means the section is omitted.
"repealed" means the section is repealed.
"nt ed change" and "ed change" - See the Editorial Classification Change Table [pdf].

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General Reference

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Refer to the Thomas site for changes that have not yet made it into the classification tables.

46a USC	Description of Change	Session Year	Public Law	Statutes at Large

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

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46a USC Rule - Federal Ship Financing Fund

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