Us Code § 2434 - Termination of authority
Full text of Us Code United States Code § 2434 — Termination of authority, with citation guidance and answers to common questions.
§ 2434. Termination of authority
(a) In general
Subject to subsection (b), the authority of the Secretary to carry out this subchapter terminates on the date that is 10 years after December 22, 2006.
(b) Exception
The termination of authority under subsection (a) shall have no effect on—
(1) any loans guaranteed by the United States under this subchapter; or
(2) the administration of any loan guaranteed under this subchapter before the effective date of the termination of authority.
(Pub. L. 109–451, title II, §215, Dec. 22, 2006, 120 Stat. 3361.)
CHAPTER 43—SUSPENDED ENTRIES AND CLAIMS; PATENTS
About This Section
43 U.S.C. § 2434 is part of Title 43 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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