Us Code § 938 - Full faith and credit of the United States
Full text of Us Code United States Code § 938 — Full faith and credit of the United States, with citation guidance and answers to common questions.
§ 938. Full faith and credit of the United States
Any contract of insurance or guarantee executed by the Secretary under this subchapter shall be an obligation supported by the full faith and credit of the United States and incontestable except for fraud or misrepresentation of which the holder had actual knowledge at the time it became a holder.
(May 20, 1936, ch. 432, title III, §308, as added Pub. L. 93–32, §2, May 11, 1973, 87 Stat. 70; amended Pub. L. 94–124, §2, Nov. 4, 1975, 89 Stat. 677; Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)
Editorial Notes
Amendments
1994—Pub. L. 103–354 substituted "Secretary" for "Administrator".
1975—Pub. L. 94–124 substituted "of which the holder had actual knowledge at the time it became a holder" for "of which the holder has actual knowledge".
Statutory Notes and Related Subsidiaries
Effective Date
Section effective May 11, 1973, see section 12 of Pub. L. 93–32, set out as a note under section 930 of this title.
About This Section
7 U.S.C. § 938 is part of Title 7 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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