(a)All sums received by the Secretary from the liquidation of loans made under the provisions of this subchapter or under the Act of April 6, 1949, as amended, or the Act of August 31, 1954, and from the liquidation of any other assets acquired with money from the Emergency Credit Revolving Fund shall be added to and become a part of such fund.
(b)There are authorized to be appropriated to the Emergency Credit Revolving Fund such additional sums as the Congress shall from time to time determine to be necessary.
Act of April 6, 1949, as amended, referred to in subsec. (a), is act Apr. 6, 1949, ch. 49, 63 Stat. 43, as amended, which was classified to sections
1148a–3 of Title
12, Banks and Banking, was repealed by section 341(a) ofPub. L. 87–128, and is covered by this chapter.
Act of August 31, 1954, referred to in subsec. (a), is act Aug. 31, 1954, ch. 1145, 68 Stat. 999, which was classified as a note under section
1148a–1 of Title
12, was repealed by section 341(a) ofPub. L. 87–128, and is covered by this chapter.
Abolition of Emergency Credit Revolving Fund
The Emergency Credit Revolving Fund, referred to in this section and in section
1966 of this title, was abolished and its assets and liabilities transferred to the Agricultural Credit Insurance Fund by section
1929 of this title.
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, August 13, 2013
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Description of Change
Statutes at Large
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