42 U.S.C. § 4103 : US Code - Section 4103: Repealed. Pub. L. 103-325, title V, Sec. 551(a), Sept. 23, 1994, 108 Stat. 2269

Search 42 U.S.C. § 4103 : US Code - Section 4103: Repealed. Pub. L. 103-325, title V, Sec. 551(a), Sept. 23, 1994, 108 Stat. 2269

Section, Pub. L. 90-448, title XIII, Sec. 1362, Aug. 1, 1968, 82
Stat. 588; Pub. L. 95-128, title VII, Sec. 704(b), Oct. 12, 1977,
91 Stat. 1145; Pub. L. 98-181, title IV, Sec. 451(d)(1), Nov. 30,
1983, 97 Stat. 1229, related to purchase, by Director, of insured
properties damaged substantially beyond repair by flood, for
subsequent transfer to State or local agency upon negotiated
conditions.
SAVINGS PROVISION
Section 551(c) of Pub. L. 103-325 provided that: "Notwithstanding
subsection (a) [repealing this section], the Director shall take
any action necessary to comply with any purchase or loan commitment
entered into before the expiration of the period referred to in
subsection (b) [set out below] pursuant to authority under section
1362 of the National Flood Insurance Act of 1968 [this section] or
subsection (b)."
TRANSITION PHASE
Section 551(b) of Pub. L. 103-325 provided that: "Notwithstanding
subsection (a) [repealing this section], during the 1-year period
beginning on the date of enactment of this Act [Sept. 23, 1994],
the Director of the Federal Emergency Management Agency may enter
into loan and purchase commitments as provided under section 1362
of the National Flood Insurance Act of 1968 [this section] (as in
effect immediately before the enactment of this Act)."