Federal law — U.S. Code and appendices · legal_authorities
This chapter may be cited as the “National Housing Act.”
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1702
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Source file: Laws/federal/codes/united-states-code/title-12/section-1702-short-title--3b5dce6976.md
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Source location: Title 12, Chapter 13, § 1702; chapter-013-national-housing.md
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Federal law — U.S. Code and appendices · legal_authorities
§ 1702. Administrative provisions The powers conferred by this chapter shall be exercised by the Secretary of Housing and Urban Development (hereinafter referred to as the ‘‘Secretary’’). In order to carry out the provi- sions of this subchapter and subchapters II, III, V, VI, VII, VIII, IX–B, and X, the Secretary may establish such agencies, accept and utilize such voluntary and uncompensated services, utilize such Federal officers and employees, and, with the consent of the State, such State and local officers and employees, and appoint such other officers and employees as he may find necessary, and may prescribe their authorities, duties, re- sponsibilities, and tenure and fix their com- pensation. The Secretary may delegate any of the functions and powers conferred upon him under this subchapter and subchapters II, III, V, VI, VII, VIII, IX–B, and X to such officers, agents, and employees as he may designate or appoint, and may make such expenditures (in- cluding expenditures for personal services and rent at the seat of government and elsewhere, for law books and books of reference, and for paper, printing, and binding) as are necessary to carry out the provisions of this subchapter and subchapters II, III, V, VI, VII, VIII, IX–B, and X, without regard to any other provisions of law Page 518 TITLE 12—BANKS AND BANKING § 1702 governing the expenditure of public funds. All such compensation, expenses, and allowances shall be paid out of funds made available by this chapter: Provided, That notwithstanding any other provisions of law except provisions of law hereafter enacted expressly in limitation hereof, all expenses of the Department of Housing and Urban Development in connection with the ex- amination and insurance of loans or inve
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1702
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