12 U.S.C. § 1705
Section 1705 · Allocation of funds
Amended 5 times on record
Applied in 1 court decisions — leading case Korman v. Federal Housing Administrator (1940)
Most recently applied in Korman v. Federal Housing Administrator (June 1940)
For the purposes of carrying out the provisions of this subchapter and subchapters II and III of this chapter the President, in his discretion, is authorized to provide such funds or any portion thereof by allotment to the Secretary from any funds that are available, or may hereafter be made available, to the President for emergency purposes.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Amendments
1984—Pub. L. 98–479 substituted “such” for “suuch”.
1967—Pub. L. 90–19 substituted “Secretary” for “Commissioner”.
1950—Act Apr. 20, 1950, §122, substituted “Commissioner” for “Administrator”.
1947—Act June 30, 1947, struck out references to Reconstruction Finance Corporation.