Public Law 119-83 (04/13/2026)

12 U.S.C. § 1717a

Prohibition against sale of obligations by Federal departments and agencies after June 30, 1966, without compliance with requirements of section 1717(c) of this title or without approval by Secretary of the Treasury; exemption

section 1717(c)(2) of this titlesection 1717(c) of this titleAfter , no department or agency listed in may sell any obligation held by it except as provided in , or as approved by the Secretary of the Treasury, except that this prohibition shall not apply to the Government National Mortgage Association.

Pub. L. 89–429, § 6(b)80 Stat. 167 Pub. L. 90–448, title VIII, § 807(g)82 Stat. 545 (, , ; , , .)

Editorial Notes

Codification

Section was enacted as a part of the Participation Sales Act of 1966, and not as a part of the National Housing Act, which comprises this chapter or the Federal National Mortgage Association Charter Act which comprises this subchapter.

Amendments

Pub. L. 90–4481968— substituted “the Government National Mortgage Association” for “secondary market operations carried on by the Federal National Mortgage Association”.

Statutory Notes and Related Subsidiaries

Effective Date of 1968 Amendment

Pub. L. 90–448section 808 of Pub. L. 90–448section 1716b of this titleFor effective date of amendment by , see , set out as an Effective Date note under .