42 U.S. Code § 1406a - Expenses of management and operation of transferred projects as nonadministrative; payment
On and after May 10, 1939 all necessary expenses in connection with the management and operation of projects transferred to the Authority by Executive Order Numbered 7732 of October 27, 1937, as modified by Executive Order Numbered 7839 of March 12, 1938, may be considered as nonadministrative expenses, notwithstanding the provisions of section 712a of title 15, and be paid from the rents received from each transferred project.
Section was not enacted as part of the United States Housing Act of 1937 which comprises this chapter.
Provisions similar to those in this section were contained in act June 25, 1938, ch. 681, title I, 52 Stat. 1129.
Executive Order No. 7732, Oct. 27, 1937, 2 FR 2324,44 CFR 201.11, effective Nov. 1, 1937, transferred to the United States Housing Authority all right, interest, and title held by the Federal Emergency Administration of Public Works in any housing or slum-clearance projects constructed or in the process of construction on Sept. 1, 1937.
LII has no control over and does not endorse any external Internet site that contains links to or references LII.