12 USC § 2708 - Expiration date

---
identifier: "/us/usc/t12/s2708"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2708 - Expiration date"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2708"
section_name: "Expiration date"
chapter_number: 28
chapter_name: "EMERGENCY MORTGAGE RELIEF"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 94–50, title I, § 109, July 2, 1975, 89 Stat. 253; Pub. L. 94–375, § 13(a), Aug. 3, 1976, 90 Stat. 1075; Pub. L. 111–203, title XIV, § 1496(b)(6), July 21, 2010, 124 Stat. 2209.)"
---


# § 2708. Expiration date

September 30, 2011

No loans or advance of credit shall be insured and no emergency mortgage relief payments made under this chapter after , except if such loan or advance or such payments are made with respect to a mortgagor receiving the benefit of a loan or advance insured, or emergency mortgage relief payments made, under this chapter on such date.

---

**Source Credit**: (Pub. L. 94–50, title I, § 109, July 2, 1975, 89 Stat. 253; Pub. L. 94–375, § 13(a), Aug. 3, 1976, 90 Stat. 1075; Pub. L. 111–203, title XIV, § 1496(b)(6), July 21, 2010, 124 Stat. 2209.)

## Editorial Notes

### Amendments

2010— struck out “Authorization and” before “expiration date” in section catchline, struck out subsec. (a), struck out subsec. (b) designation before “No loans”, and substituted “2011” for “1977”. Prior to amendment, subsec. (a) read as follows: “There are authorized to be appropriated for purposes of this chapter such sums as may be necessary, except that the funds authorized to be appropriated for  shall not exceed $500,000,000. Any amounts so appropriated shall remain available until expended.”

1976—Subsec. (b).  substituted “” for “”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by  effective on the date on which final regulations implementing that amendment take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, see , set out as a note under , Commerce and Trade.