US Code

Public Law 119-88 (05/04/2026)

7 U.S.C. § 1967

Addition to Emergency Credit Revolving Fund of sums from liquidation of loans; authorization of appropriations

(a)
All sums received by the Secretary from the liquidation of loans made under the provisions of this subchapter or under the Act of , as amended, or the Act of , and from the liquidation of any other assets acquired with money from the Emergency Credit Revolving Fund shall be added to and become a part of such fund.
(b)
There are authorized to be appropriated to the Emergency Credit Revolving Fund such additional sums as the Congress shall from time to time determine to be necessary.

Pub. L. 87–128, title III, § 32775 Stat. 312 (, , .)

Editorial Notes

References in Text

act Apr. 6, 1949, ch. 49 63 Stat. 43 section 341(a) of Pub. L. 87–128Act of , as amended, referred to in subsec. (a), is , , which was classified to sections 1148a–1 to 1148a–3 of Title 12, Banks and Banking, was repealed by , and is covered by this chapter.

act Aug. 31, 1954, ch. 1145 68 Stat. 999 section 1148a–1 of Title 12section 341(a) of Pub. L. 87–128Act of , referred to in subsec. (a), is , , which was classified as a note under , was repealed by , and is covered by this chapter.

Abolition of Emergency Credit Revolving Fund

section 1966 of this titlesection 1929 of this titleThe Emergency Credit Revolving Fund, referred to in this section and in , was abolished and its assets and liabilities transferred to the Agricultural Credit Insurance Fund by .