12 U.S.C. § 4748
Reimbursement to Fund
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 4748, Reimbursement to Fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438850
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Full text
If a participating State withdraws funds from a reserve fund pursuant to terms of the participation agreement permitted by subsection (d) or (r) of section 4745 of this title, such participating State shall, not later than 15 calendar days after such withdrawal, submit to the Fund an amount computed by multiplying the amount withdrawn by the appropriate factor, as determined under subsection (b).
The appropriate factor shall be obtained by dividing the total amount of contributions that have been made by the participating State to all reserve funds which were subject to reimbursement—
The Fund may use funds reimbursed pursuant to this section to make reimbursements under section 4747 of this title.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Riegle Community Development and Regulatory Improvement Act of 1994House: 410–12Senate: no recorded tally