INDEX HOME OWNERS' LOAN ACT OF 1933, AS AMENDED A Act, application to United States, Alaska, Hawaii, Puerto Rico, Additional appropriation for encouragement of saving and Additional lien, mortgage, or conveyance may be taken by Advances: And bonds not to exceed $14,000--- And bonds not to exceed 80 percent of real-estate value.- 4 (d) 27 Eligibility for... 4 (m) 30 For assessments. 4 (d) 27 For enlargement.. For maintenance.. For modernization_. For rebuilding.. 4 (m) 30 For expenses and repairs. 4 (d) 27 4 (m) 30 For rehabilitation. 4 (m) 30 Alaska, application of Act to.. Allocation of funds for Government stock subscription_. Altering, penalty for false.. Amendment to Federal Home Loan Bank Act. Amortization___. Annual payments.. Application for exchange of bonds previously issued.. 4 (c) 26 Application of Act to United States, Alaska, Hawaii, Puerto Crime to take difference between market and par value_. 8 (e) 4 (c) 4 (c) Lawful investment in, for fiduciary, trust, and public funds. 4 (c) Maturity of.. 4 (c) Not to exceed $14,000 with advances. 4 (d) Not to exceed 80 percent of the real-estate value, with 4 (d) Retirement of, payments of principal to be applied to 4 (k) Retirement of, with approval of Secretary of Treasury 4 (c) Sale of, by Corporation... 4 (c) 24-26 Sale of, by Government_.. 4 (c) Taking difference between market and par value___ 8 (e) Bonds issued in compliance with outstanding commitments_ 24 30 30 C Capital of Federal savings and loan associations. 5 (b) 32 4 (b) Cash advanced to redeem foreclosed real estate. 4 (g) 29 Cash advances and bonds not to exceed 80 percent of real-estate value.. 4 (d) Cash advances not to exceed 40 percent of real-estate value... 4 (f) 4 (e) Not to exceed 50 percent of real-estate value.. 4 (e) 4 (e) Certificates of indebtedness, Federal savings and loan associations___ 30 30 30 30 Conversion to Federal savings and loan association.. Corporation: Of personnel, will in no case exceed compensation of members of the Board... Conservator of associations, appointment of-- Consolidation of Federal savings and loan associations.. Contract for illegal charge, penalty 5 (d) 36 34 5 (i) 4 (m) Board to liquidate.. 4 (k) Bonds acceptable in payment of debts to the Corporation. 4 (i) Make deposits in member of bank or institutions with insured accounts_-_. 5יווי May acquire home mortgages_ May issue, sell, and purchase bonds... 4 (d) 24-26 To make reasonable compensation for use of bank facilities. - 4 (j) To pay dividends to the United States.. 4 (k) To pay proportionate share of expenses of the Board. 4 (j) 4 (k) To select employees, officers, attorneys, and agents. 4 (j) Counterfeiting, penalty for 8 (b) (1) Creation of Home Owners' Loan Corporation 4 24-31 29 24 25 30 23 27 29 36 D Deceiving, penalty for 8 (c) (2) 36 Deductions from loanable value for public assessments- 4 (d) Deposits in Federal savings and loan associations prohibited. 5 (b) 8 (e) 30 30 32 37 Enlargement of homes, advance for. Evidence of stock ownership, receipts to be... Evidence of stock ownership in associations, receipts to be- Examination of Federal savings and loan associations. Excessive charges, penalty for... Exchange of bonds for previously issued bonds Employees, Corporation to select.. Encouragement of saving and home financing_ Encouragement of saving and home financing, appropriation therefor Section Page 4 (j) 6 Exemption from taxation, Federal savings and loan associa tions... 5 (h) Exemption from taxation of bonds.. 4 (c) Exemption from taxation of Corporation.. 4 (c) Expenditures, Corporation to determine necessary. 4 (j) Expenses and repairs, Corporation to make advances for ___ 4 (d) 30 27 36 36 23 Federal home-loan banks: Conversion of members into Federal associations_ 5 (i) Corporation may buy bonds of... 4 (n) 31 Corporation may use facilities of Employment of as fiscal agent by Government. Federal savings and loan associations__ 31-35 Amount paid in by Government not to exceed 75 percent |