Us Code § 12854 - Definitions
Full text of Us Code United States Code § 12854 — Definitions, with citation guidance and answers to common questions.
§ 12854. Definitions
For purposes of this subchapter:
(1) Board of Directors
The term "Board of Directors" or "Board" means the Board of Directors of the National Homeownership Trust under section 12851(b) of this title.
(2) Displaced homemaker
The term "displaced homemaker" means an individual who—
(A) is an adult;
(B) has not worked full-time full-year in the labor force for a number of years, but has during such years, worked primarily without remuneration to care for the home and family; and
(C) is unemployed or underemployed and is experiencing difficulty in obtaining or upgrading employment.
(3) Fund
The term "Fund" means the National Homeownership Trust Fund established in section 12853 of this title.
(4) Single parent
The term "single parent" means an individual who—
(A) is unmarried or legally separated from a spouse; and
(B)(i) has 1 or more minor children for whom the individual has custody or joint custody; or
(ii) is pregnant.
(5) State
The term "State" means the States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, and any other territory or possession of the United States.
(6) Trust
The term "Trust" means the National Homeownership Trust established in section 12851 of this title.
(Pub. L. 101–625, title III, §305, Nov. 28, 1990, 104 Stat. 4132.)
Executive Documents
Termination of Trust Territory of the Pacific Islands
For termination of Trust Territory of the Pacific Islands, see note set out preceding section 1681 of Title 48, Territories and Insular Possessions.
About This Section
42 U.S.C. § 12854 is part of Title 42 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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