Public Law 119-73 (01/23/2026)

12 U.S.C. § 4748

Reimbursement to Fund

(a)

In general

section 4745 of this titleIf a participating State withdraws funds from a reserve fund pursuant to terms of the participation agreement permitted by subsection (d) or (r) of , such participating State shall, not later than 15 calendar days after such withdrawal, submit to the Fund an amount computed by multiplying the amount withdrawn by the appropriate factor, as determined under subsection (b).

(b)

Factor

The appropriate factor shall be obtained by dividing the total amount of contributions that have been made by the participating State to all reserve funds which were subject to reimbursement—
(1)
by 2; and
(2)
section 4743(b) of this title by the total amount of contributions made by the participating State to all reserve funds, including if applicable, contributions that have been made by the State prior to becoming a participating State if the State continued its own capital access program in accordance with .
(c)

Use of reimbursements

section 4747 of this titleThe Fund may use funds reimbursed pursuant to this section to make reimbursements under .

Pub. L. 103–325, title II, § 258108 Stat. 2213(, , .)