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12 U.S.C. § 5236 - U.S. Code - Unannotated Title 12. Banks and Banking § 5236. Exchange Stabilization Fund reimbursement

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

(a)Reimbursement

The Secretary shall reimburse the Exchange Stabilization Fund established under section 5302 of Title 31, for any funds that are used for the Treasury Money Market Funds Guaranty Program for the United States money market mutual fund industry, from funds under this chapter.

(b)Limits on use of Exchange Stabilization Fund

The Secretary is prohibited from using the Exchange Stabilization Fund for the establishment of any future guaranty programs for the United States money market mutual fund industry.

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Cite this article: FindLaw.com - 12 U.S.C. § 5236 - U.S. Code - Unannotated Title 12. Banks and Banking § 5236. Exchange Stabilization Fund reimbursement - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-5236/

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