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12 U.S.C. § 5201 - U.S. Code - Unannotated Title 12. Banks and Banking § 5201. Purposes

Current as of January 01, 2024 | Updated by Findlaw Staff

The purposes of this chapter are--

(1) to immediately provide authority and facilities that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of the United States; and

(2) to ensure that such authority and such facilities are used in a manner that--

(A) protects home values, college funds, retirement accounts, and life savings;

(B) preserves homeownership and promotes jobs and economic growth;

(C) maximizes overall returns to the taxpayers of the United States; and

(D) provides public accountability for the exercise of such authority.

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Cite this article: FindLaw.com - 12 U.S.C. § 5201 - U.S. Code - Unannotated Title 12. Banks and Banking § 5201. Purposes - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-5201/

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