Us Code § 2361 - Contract to purchase by priority purchaser
Full text of Us Code United States Code § 2361 — Contract to purchase by priority purchaser, with citation guidance and answers to common questions.
§ 2361. Contract to purchase by priority purchaser
The Commission may, in the sale of any single-family or duplex house to a priority purchaser, enter into a contract to purchase which provides that the purchaser shall conclude his purchase within not more than three years after the date the contract is entered into. Such contracts to purchase shall provide for such periodic payments, including payments on account of principal, interest, or tax equivalents, as the Commission shall prescribe.
(Aug. 4, 1955, ch. 543, ch. 6, §61, 69 Stat. 478.)
Statutory Notes and Related Subsidiaries
Transfer of Functions
Atomic Energy Commission abolished and functions transferred by sections 5814 and 5841 of this title. See also Transfer of Functions notes set out under those sections.
About This Section
42 U.S.C. § 2361 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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