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12 U.S.C. · Banks and Banking
12 U.S.C. § 4748

Reimbursement to Fund

Ch. 47 — COMMUNITY DEVELOPMENT BANKING
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 47
Statutory Text

12 U.S.C. § 4748 — Reimbursement to Fund

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 47 - COMMUNITY DEVELOPMENT BANKING SUBCHAPTER II - SMALL BUSINESS CAPITAL ENHANCEMENT Sec. 4748 - Reimbursement to Fund From the U.S. Government Publishing Office, www.gpo.gov

§4748. Reimbursement to Fund

(a) In general If a participating State withdraws funds from a reserve fund pursuant to terms of the participation agreement permitted by subsection (d) or (r) of section 4745 of this title, 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not later than 15 calendar days after such withdrawal, submit to the Fund an amount computed by multiplying the amount withdrawn by the appropriate factor, as determined under subsection (b).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) 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 section 4743(b) of this title. (c) Use of reimbursements The Fund may use funds reimbursed pursuant to this section to make reimbursements under section 4747 of this title.

(Pub. L. 103–325, title II, §258, Sept. 23, 1994, 108 Stat. 2213.)

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC12-SEC-DA265F
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 4748
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
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ab5168c196ac327c...
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Pending — corpus passes queued
The statutory text of 12 U.S.C. § 4748 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 4747 12 U.S.C. § 4749 →
Ch. 47 — COMMUNITY DEVELOPMENT BANKING
12 U.S.C. § 470112 U.S.C. § 470212 U.S.C. § 470312 U.S.C. § 4703a12 U.S.C. § 470412 U.S.C. § 470512 U.S.C. § 470612 U.S.C. § 470712 U.S.C. § 470812 U.S.C. § 470912 U.S.C. § 471012 U.S.C. § 471112 U.S.C. § 471212 U.S.C. § 471312 U.S.C. § 4713a12 U.S.C. § 471412 U.S.C. § 471512 U.S.C. § 471612 U.S.C. § 471712 U.S.C. § 471812 U.S.C. § 471912 U.S.C. § 474112 U.S.C. § 474212 U.S.C. § 474312 U.S.C. § 474412 U.S.C. § 474512 U.S.C. § 474612 U.S.C. § 474712 U.S.C. § 474812 U.S.C. § 4749
12 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 12 → 12 U.S.C. § 4748