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42 USC CHAPTER 48 - GUARANTEES FOR FINANCING NEW

COMMUNITY LAND DEVELOPMENT 01/06/03

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TITLE 42 - THE PUBLIC HEALTH AND WELFARE

CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND

DEVELOPMENT

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42 USC Secs. 3901 to 3906 01/06/03

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TITLE 42 - THE PUBLIC HEALTH AND WELFARE

CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Secs. 3901 to 3906. Repealed. Pub. L. 98-181, title IV, Sec.

474(e), Nov. 30, 1983, 97 Stat. 1239

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Section 3901, Pub. L. 90-448, title IV, Sec. 402, Aug. 1, 1968,

82 Stat. 513, set out a Congressional statement of purpose for this

chapter.

Section 3902, Pub. L. 90-448, title IV, Sec. 403, Aug. 1, 1968,

82 Stat. 514, provided Secretary with authority to guarantee

obligations.

Section 3903, Pub. L. 90-448, title IV, Sec. 404, Aug. 1, 1968,

82 Stat. 514, related to eligible new community development

entitled to guarantees under this chapter.

Section 3904, Pub. L. 90-448, title IV, Sec. 405, Aug. 1, 1968,

82 Stat. 514, related to eligibility of bonds, debentures, notes,

and other obligations under this chapter.

Section 3905, Pub. L. 90-448, title IV, Sec. 406, Aug. 1, 1968,

82 Stat. 515, related to fees and charges for guarantees and the

submission of a report to Congress concerning such fees and

charges.

Section 3906, Pub. L. 90-448, title IV, Sec. 407, Aug. 1, 1968,

82 Stat. 515; Pub. L. 91-351, title VII, Sec. 703, July 24, 1970,

84 Stat. 462; Pub. L. 91-609, title III, Sec. 303(a), Dec. 31,

1970, 84 Stat. 1780, provided for a revolving guarantee fund.

Section 4528 of this title transferred all receipts, funds, or

other assets and all liabilities of the revolving fund established

under this section to the revolving fund established under section

4518 of this title.

SHORT TITLE

Section 401 of title IV of Pub. L. 90-448 which provided that

this title, which enacted this chapter and amended section 1492 of

this title and sections 371 and 1464 of Title 12, Banks and

Banking, may be referred to as the "New Communities Act of 1968",

was repealed by Pub. L. 98-181, title IV, Sec. 474(e), Nov. 30,

1983, 97 Stat. 1239.

SAVINGS PROVISION

Section 474(e) of Pub. L. 98-181 provided that: "Any actions

taken, prior to repeal, under the authority of any of the sections

which are repealed by this section [repealing sections 3901 to

3906, 3908, 3909, 3911, 3914, 4511 to 4524, and 4528 to 4532 of

this title] shall continue to be valid. Nothing in this subsection

shall impair the validity of any guarantees which have been made

pursuant to title IV [of the Housing and Urban Development Act of

1968, 42 U.S.C. 3901 et seq.] or title VII [of the Housing and

Urban Development Act of 1970, 42 U.S.C. 4501 et seq.] and any such

guarantees shall continue to be governed by the provisions of title

IV or title VII, as applicable, as they existed immediately before

the date of the enactment of this Act [Nov. 30, 1983]."

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42 USC Sec. 3907 01/06/03

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TITLE 42 - THE PUBLIC HEALTH AND WELFARE

CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Sec. 3907. Omitted

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CODIFICATION

Section, Pub. L. 90-448, title IV, Sec. 408, Aug. 1, 1968, 82

Stat. 516; Pub. L. 91-609, title III, Sec. 303(c), Dec. 31, 1970,

84 Stat. 1780, which related to incontestability of guarantees was

omitted pursuant to section 4528 of this title, which terminated

authority to guarantee bonds, debentures, notes, or other

obligations under this chapter after Dec. 31, 1970, with exceptions

now inapplicable.

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42 USC Secs. 3908, 3909 01/06/03

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TITLE 42 - THE PUBLIC HEALTH AND WELFARE

CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Secs. 3908, 3909. Repealed. Pub. L. 98-181, title IV, Sec. 474(e),

Nov. 30, 1983, 97 Stat. 1239

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Section 3908, Pub. L. 90-448, title IV, Sec. 409, Aug. 1, 1968,

82 Stat. 516, related to encouragement of small builders in new

community construction under this chapter.

Section 3909, Pub. L. 90-448, title IV, Sec. 410, Aug. 1, 1968,

82 Stat. 516, related to labor standards in construction under this

chapter.

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42 USC Sec. 3910 01/06/03

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CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Sec. 3910. Omitted

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CODIFICATION

Section, Pub. L. 90-448, title IV, Sec. 411, Aug. 1, 1968, 82

Stat. 516, which related to real property taxation was omitted

pursuant to section 4528 of this title, which terminated authority

to guarantee bonds, debentures, notes, or other obligations under

this chapter after Dec. 31, 1970, with exceptions now inapplicable.

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42 USC Sec. 3911 01/06/03

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TITLE 42 - THE PUBLIC HEALTH AND WELFARE

CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Sec. 3911. Repealed. Pub. L. 98-181, title IV, Sec. 474(e), Nov.

30, 1983, 97 Stat. 1239

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Section, Pub. L. 90-448, title IV, Sec. 412, 1, 1968, 82 Stat.

516; Pub. L. 91-152, title III, Sec. 304, Dec. 24, 1969, 83 Stat.

391; Pub. L. 91-609, title III, Sec. 303(b), Dec. 31, 1970, 84

Stat. 1780, provided for supplementary grants under this chapter.

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42 USC Secs. 3912, 3913 01/06/03

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CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Secs. 3912, 3913. Omitted

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CODIFICATION

Sections were omitted pursuant to section 4528 of this title,

which terminated authority to guarantee bonds, debentures, notes,

or other obligations under this chapter after Dec. 31, 1970, with

exceptions now inapplicable.

Section 3912, Pub. L. 90-448, title IV, Sec. 413, Aug. 1, 1968,

82 Stat. 517, set out functions, powers and duties of the Secretary

under this chapter.

Section 3913, Pub. L. 90-448, title IV, Sec. 414, Aug. 1, 1968,

82 Stat. 517, related to audit of financial transactions of those

whose obligations are guaranteed under this chapter.

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42 USC Sec. 3914 01/06/03

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TITLE 42 - THE PUBLIC HEALTH AND WELFARE

CHAPTER 48 - GUARANTEES FOR FINANCING NEW COMMUNITY LAND DEVELOPMENT

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Sec. 3914. Repealed. Pub. L. 98-181, title IV, Sec. 474(e), Nov.

30, 1983, 97 Stat. 1239

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Section, Pub. L. 90-448, title IV, Sec. 415, Aug. 1, 1968, 82

Stat. 517, defined "land development", "actual costs", and "new

community assistance projects" for purposes of this chapter.

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