12 U.S.C. § 1722 : US Code - Section 1722: Benefits and burdens incident to administration of functions and operations under sections 1720 and 1721

Search 12 U.S.C. § 1722 : US Code - Section 1722: Benefits and burdens incident to administration of functions and operations under sections 1720 and 1721

All of the benefits and burdens incident to the administration of
the functions and operations of the Association under sections 1720
and 1721, respectively, of this title, after allowance for related
obligations of the Association, its prorated expenses, and the
like, including amounts required for the establishment of such
reserves as the Secretary of Housing and Urban Development shall
deem appropriate, shall inure solely to the Secretary of the
Treasury, and such related earnings or other amounts as become
available shall be paid annually by the Association to the
Secretary of the Treasury for covering into miscellaneous receipts.
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