Any interest held by the Administration in property, as security for a loan, shall be subordinate to any lien on such property for taxes due on the property to a State, or political subdivision thereof, in any case where such lien would, under applicable State law, be superior to such interest if such interest were held by any party other than the United States.
Pub. L. 85–536, § 2[17]72 Stat. 396(, , .)
Editorial Notes
Prior Provisions
act July 30, 1953, ch. 282, title II67 Stat. 239section 640 of this titlesection 631 of this titleSection 217 of , , was previously classified to this section. See , and Codification note set out under .