42 USC § 4083 - Settlement of claims; arbitration

---
identifier: "/us/usc/t42/s4083"
source: "usc"
legal_status: "official_prima_facie"
title: "42 USC § 4083 - Settlement of claims; arbitration"
title_number: 42
title_name: "THE PUBLIC HEALTH AND WELFARE"
section_number: "4083"
section_name: "Settlement of claims; arbitration"
chapter_number: 50
chapter_name: "NATIONAL FLOOD INSURANCE"
subchapter_number: "II"
subchapter_name: "ORGANIZATION AND ADMINISTRATION OF FLOOD INSURANCE PROGRAM"
part_number: "C"
part_name: "General Provisions"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 90–448, title XIII, § 1347, Aug. 1, 1968, 82 Stat. 586; Pub. L. 98–181, title I [title IV, § 451(d)(1)], Nov. 30, 1983, 97 Stat. 1229; Pub. L. 112–141, div. F, title II, § 100238(b)(1), July 6, 2012, 126 Stat. 958.)"
---


# § 4083. Settlement of claims; arbitration

**(a)** The Administrator is authorized to make final settlement of any claims or demands which may arise as a result of any financial transactions which he is authorized to carry out under this subchapter, and may, to assist him in making any such settlement, refer any disputes relating to such claims or demands to arbitration, with the consent of the parties concerned.

**(b)** Such arbitration shall be advisory in nature, and any award, decision, or recommendation which may be made shall become final only upon the approval of the Administrator.

---

**Source Credit**: (Pub. L. 90–448, title XIII, § 1347, Aug. 1, 1968, 82 Stat. 586; Pub. L. 98–181, title I [title IV, § 451(d)(1)], Nov. 30, 1983, 97 Stat. 1229; Pub. L. 112–141, div. F, title II, § 100238(b)(1), July 6, 2012, 126 Stat. 958.)

## Editorial Notes

### Amendments

2012— substituted “Administrator” for “Director” in subsecs. (a) and (b).

1983— substituted “Director” for “Secretary” in subsecs. (a) and (b).

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective 120 days following , or such later date prescribed by the Secretary but in no event more than 180 days following , see , set out as a note under .

### Transfer of Functions

For transfer of all functions, personnel, assets, components, authorities, grant programs, and liabilities of the Federal Emergency Management Agency, including the functions of the Under Secretary for Federal Emergency Management relating thereto, to the Federal Emergency Management Agency, see , Domestic Security.

For transfer of functions, personnel, assets, and liabilities of the Federal Emergency Management Agency, including the functions of the Director of the Federal Emergency Management Agency relating thereto, to the Secretary of Homeland Security, and for treatment of related references, see former section 313(1) and sections 551(d), 552(d), and 557 of Title 6, Domestic Security, and the Department of Homeland Security Reorganization Plan of , as modified, set out as a note under .