12 U.S.C. § 1148a-1 : US Code - Section 1148A-1 TO 1148A-3: Repealed.

Search 12 U.S.C. § 1148a-1 : US Code - Section 1148A-1 TO 1148A-3: Repealed.

Secs. 1148a-1 to 1148a-3. Repealed. Pub. L. 87-128, title III, Sec.
341(a), Aug. 8, 1961, 75 Stat. 318.
Section 1148a-1, acts Apr. 6, 1949, ch. 49, Sec. 1, 63 Stat. 43;
Aug. 5, 1950, ch. 592, Sec. 1(a), 64 Stat. 414, provided for
transfer of functions of Regional Agricultural Credit Corporation,
Washington, D.C., to Secretary of Agriculture to make disaster
loans, abolished such corporation, provided for transfer of assets,
funds, rights, liabilities, use of revolving, transfer of personnel
and delegation of authority by Secretary of Agriculture.
Section 1148a-2, acts Apr. 6, 1949, ch. 49, Sec. 2, 63 Stat. 44;
July 14, 1953, ch. 192, Sec. 1, 67 Stat. 149; July 7, 1955, ch.
278, Secs. 1, 2, 69 Stat. 263; July 15, 1955, ch. 373, 69 Stat.
366; July 11, 1958, Pub. L. 85-516, 72 Stat. 357; July 26, 1961,
Pub. L. 87-106, 75 Stat. 220, authorized the Secretary of
Agriculture to make loans to farmers and stockmen, prescribed the
rates of interest and terms and conditions of the loans, provided
for economic disaster loans and rates of interest and terms
thereof, special livestock loans, the effective period of such
loans, security, rate of interest, terms and conditions of such
loans and local loan committees, emergency assistance in furnishing
feed and seed, utilization of Agriculture Department agencies,
utilization of revolving fund and transfer of funds into the
revolving fund.
Section 1148a-3, act Apr. 6, 1949, ch. 49, Sec. 3(a), 63 Stat.
44, provided that no suit or other judicial proceeding instituted
by or against the Regional Agricultural Credit Corporation shall
abate by reason of sections 1148a-1 and 1148a-2 of this title and
permitted substitution of the Secretary as a party in place of the
Corporation within six months after Apr. 16, 1949.
For subject matter of former sections 1148a-1 to 1148a-3 of this
title see section 1921 et seq. of Title 7, Agriculture.
EFFECTIVE DATE OF REPEAL
Repeal effective one hundred and twenty days after Aug. 8, 1961,
or such earlier date as the provisions of chapter 50 of Title 7,
Agriculture, are made effective by regulations of Secretary of
Agriculture, except that repeal of section 1148a-2(c) of this title
shall not be effective prior to Jan. 1, 1962, see section 341(a) of
Pub. L. 87-128, set out as a note under section 1921 of Title 7.
Repeal effective Oct. 15, 1961, by former section 300.1 of Title
6, Code of Federal Regulations, see Effective Date note set out
under section 1921 of Title 7.
CREDIT EMERGENCY LOANS: TERMINATION DATE
Act Aug. 31, 1954, ch. 1145, 68 Stat. 999, as amended by acts
June 30, 1955, ch. 249, 69 Stat. 223; July 7, 1955, ch. 278, Sec.
3, 69 Stat. 263; Aug. 1, 1956, ch. 829, Sec. 4, 70 Stat. 804, which
authorized the Secretary of Agriculture to make emergency loans for
any agricultural purpose until June 30, 1957, described persons
eligible for such loans and provided for utilization of a revolving
fund of the Farm Credit Administration for loans and administrative
expenses and additions to such fund from liquidation of loans, was
repealed effective one hundred and twenty days after Aug. 8, 1961,
or such earlier date as the provisions of chapter 50 of Title 7,
Agriculture, are made effective by regulations of Secretary of
Agriculture by provisions of section 341(a) of Pub. L. 87-128, set
out as a note under section 1921 of Title 7. See section 1961 et
seq. of Title 7.