12 USC 4748 - Reimbursement to Fund

U.S Code last checked for updates: Jan 18, 2025

§ 4748.

Reimbursement to Fund

(a)

In general

(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

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

cite as: 12 USC 4748