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United States Code

Chapter 24

Federal Financing Bank

2281Congressional findings and declaration of purpose 2282Definitions 2283Creation of Federal Financing Bank 2284Board of Directors 2285Functions 2285aAcquisition of obligations involving loan guarantees for New York City 2286Approval of financing plans by Secretary of the Treasury 2287Initial capital 2288Bank obligations 2289General powers 2290Exemptions 2291Preparation of obligations 2292Annual report to the President and Congress 2293Budget and audit provisions of Government corporation control law applicable 2294Payments on behalf of public bodies 2294aContracts for periodic payments to offset costs of purchase of obligations of local public housing agencies 2295Authority or responsibility under other provisions of law not to be affected or impaired 2296Increase not authorized in amounts of obligations issued, sold, or guaranteed by Federal agencies