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12 USC § 3042 - Authorization of appropriations for advances; deposits into separate Account in Bank; availability of amounts 

---
identifier: "/us/usc/t12/s3042"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 3042 - Authorization of appropriations for advances; deposits into separate Account in Bank; availability of amounts"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "3042"
section_name: "Authorization of appropriations for advances; deposits into separate Account in Bank; availability of amounts"
chapter_number: 31
chapter_name: "NATIONAL CONSUMER COOPERATIVE BANK"
subchapter_number: "II"
subchapter_name: "OFFICE OF SELF-HELP DEVELOPMENT AND TECHNICAL ASSISTANCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 95–351, title II, § 202, Aug. 20, 1978, 92 Stat. 511; Pub. L. 97–35, title III, § 395(b)(1), Aug. 13, 1981, 95 Stat. 438.)"
---

# § 3042. Authorization of appropriations for advances; deposits into separate Account in Bank; availability of amounts

section 3043 of this titlesection 3043(a) of this titlesection 3043(b) of this titlesection 3043(c) of this titlesection 3043 of this title

There are hereby authorized to be appropriated to the Office for the purpose of making advances under  an amount not to exceed $14,000,000 for fiscal year 1982. Any amounts appropriated to the Office shall be deposited by the Office in a separate account in the Bank (hereinafter the “Account”), and shall remain available until expended. Repayments of capital investment advances made pursuant to  and interest supplement advances made pursuant to  and payments of interest thereon pursuant to  shall also be deposited in the Account. No other funds of the Bank shall be transferred into the Account. The Account shall be used by the Office only as authorized in .

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**Source Credit**: (Pub. L. 95–351, title II, § 202, Aug. 20, 1978, 92 Stat. 511; Pub. L. 97–35, title III, § 395(b)(1), Aug. 13, 1981, 95 Stat. 438.)

## Editorial Notes

### Amendments

1981— substituted provisions authorizing appropriations for fiscal year 1982, for provisions authorizing appropriations for the fiscal year ending , and the next two succeeding fiscal years.

## Statutory Notes and Related Subsidiaries

### Effective Date of 1981 Amendment

Amendment by  effective , see , set out as a note under .