Federal savings and loan associations-Continued.

Readjustment of capital of
Receiver of
Regulation of
Release of
Reorganization of
Retirement of shares of.
Subscription to income shares in, by Government.
Success of

Usefulness of
First mortgage.
Forced sale...
Foreclosed real estate:

Bonds exchangeable to redeem.

Cash advanced to redeem.
Forgery, penalty for.
Free use of mails by Corporation..
Full-paid income shares of associations, purchase of
Funds, Reconstruction Finance Corporation to allocate.
Funds, surplus, to be paid into Treasury-

34

32 32 23 29

4 (g)

4 (g)

29 4 (g)

29 8 (b) (1) 35 4 (j)

29 4 (n), 5 (j) 31, 34 4 (b)

24 4 (k)

30

G

General tax levies, assessments for public improvements as... 4 (d)
Government shares...

S5 (g)

(5 (j) Guaranty of interest on and principal of bonds

4

28 33 34 25

35

27 30 30 27 31 30

30

H Hawaii, application of Act to.

7 Homes, advances for: Assessments

4 (d) Eligibility

4 (m) Enlargement.

4 (m) Expenses and repairs.

4 (d) Maintenance.

4 (m) Modernization.

4 (m) Rebuilding

4 (m) Rehabilitation.

4 (m) Repairs..

-4 (d), 4 (m) Taxes.

4 (d) Value of..

2 (c) Home financing, encouragement of saving and

6 Home-loan bank, associations must become members of

5 (f) Home-loan bank, conversion of member into federal association. 5 (i) Home Loan Bank Board, Federal.

2 (a) Home lost, redemption of..

4 (g) Home mortgage defined..

2 (c)

54 (d) Home mortgages, Corporation may acquire.

4 (1) Home Owners' Loan Act of 1933, title..

1 Home Owners' Loan Corporation.

2 (b) Creation of..

4 (a) Homestead...

2 (c)

30 27, 30

27 23 35 32 34 23

29

23 27 30 23 23 24

23

28

I Improvements, assessments for public

4 (d) Income shares in associations, subscription by Government- 5 (j) Incorporation of Federal savings and loan associations

Section Investments of Federal savings and loan associations..

5 (c) Involuntary default on June 13, 1933--

4 (1) Issuance of bonds in compliance with outstanding commitments..

4 (c)

Page 32 30

26

23

2 (c)
2 (c)
4 (m)
4 (k)
5 (d)
2 (d)
5 (i)
2 (b)
3
4 (e)

23 31 30 32 23 34 23 24 28

L
Leasehold.
Lease, renewable..
Lien additional to be taken by Corporation.
Liquidation of Corporation
Liquidation of Federal savings and loan association.
Loan associations, Federal savings and.
Loan associations, Federal savings and, conversion into.
Loan Corporation, Home Owners.
Loan provision, repeal of direct.
Loans, cash.
Loans for:

Assessments
Enlargements
Expenses and repairs.
Maintenance
Modernization.
Rebuilding -
Redemption of lost homes.
Rehabilitation..
Repairs

Taxes
Loans not to exceed 50 percent of real-estate value, cash.
Loans of Federal savings and loan associations.-
Loans secured by home mortgages, cash.
Location of real estate, no discrimination because of

M Mails, free use of, by Corporation.

4 (j) Maintenance of homes, advance for..

4 (m) Market value, crime to take difference between par value and. 8 (e) Maturity of bonds

4 (c) Merger of Federal savings and loan associations

5 (d) Minimum capital stock of Corporation.

4 (b) Misapplying funds, penalty for.

8 (c) (1) Misfortune, default due to..

4 (1) Modernization of homes, advance for.

4 (m) Monthly payments, amortization by

4 (d) Moratorium

for 5 Mortgage, first

2 (c) Mortgage, home..

2 (c) Mortgages, Corporation may acquire..

4 (d) Mutual thrift institutions.

5 (a)

29 30 37 25 32 24 36 30 30 27 27 23 23 27 31

N

29

Necessary expenditures, Corporation to determine.
Necessity of Federal savings and loan associations.
New applications received for 30 days..
New mortgage lien or conveyance may be taken by Corpora-

tion.

4 (j) 5 (e) 4 (c)

32

24

Page 37 36 29 25 30 27

27 35 37

36 36 27

Р

Section Par value, crime to take difference between market and. 8 (e) Passing and uttering, penalty for false.-

8 (b) (2) Payment of debt, bonds acceptable as.

4 (i) Payment of interest on or principal of bonds.

4 (c) Payment of principal to be applied to redemption of bonds.. 4 (k) Payments.

4 (d) Payments, extension of time of .

4 (d) Penalties.

8 Penalty for false altering

8 (b) (3) Penalty for illegal charge.

8 (e) Period of amortization..

4 (d) Personnel, compensation of, not to exceed compensation of board members.

4 (j) Personnel, Corporation to fix compensation of..

4 (j) Personnel, must be resident of State.

4 (j) Personnel, must not be employed by a private lending agency. 4 () Power of sale..

4 (g) Principal of bonds, guaranty by Government

4 (c) Principal of bonds, payment of to be applied.

4 (k) Proceeds from sale of bonds used for advances.

4 (m) Proceeds of sale of securities under Second Liberty Bond Act, use of..

4 (c) Proportionate share of Board expense, Corporation to pay

4 (j) Public debt transaction, redemption and sale of bonds..

4 (c) Public improvements, assessments for.

4 (d) Publishing, penalty for false.

8 (b) (2) Puerto Rico, application of Act to.

7 Purchase of bonds by Corporation.-

4 (c) Purchase of bonds by Government a public debt transaction.. 4 (c) Purchase of bonds of Federal home loan banks by Corporation.am

4 (n) Purchase of:

Certificates of deposits and investment certificates.- 4 (n)
Full-paid income shares of associations.

4 (n)
Shares in institutions with insured accounts.

4 (n) Shares in member institutions.

4 (n) Purloining, penalty for..

8 (c) (1)

29 29 30 30 29 25 30 31

25 30 25 28 36 35 26 25

31

31 31 31 31 36

Q

Quarterly payments.

4 (d)

27

R

Rate of interest on bonds exchanged for bonds previously

issued... Readjustment of capital of Federal savings and loan associa

tions... Real estate:

Bonds exchangeable to redeem foreclosed..
Cash advances for:

Assessments
Enlargement..
Expenses and repairs.
Maintenance..
Modernization..
Rebuilding-
Redemption.
Rehabilitation.
Repairs..

Taxes.
Cash advances and bonds not to exceed $14,000.
Cash advances and bonds not to exceed 80 percent of value

of.ca

29

36

Section

Page Real estate-Continued.

Cash advances not to exceed 40 percent of value of. 4 (f)
Cash loans not to exceed 50 percent of value of_

4 (e)

28 Location of, no discrimination therefor..

4 (d)

28 Real property of Corporation subject to tax

4 (c)

25 Rebuilding of homes, advance for..

4 (m)

30 Receipts to be canceled..

4 (k)

30 Receipts to evidence stock ownership in Corporation.

4 (b)

24 Receipts to evidence stock ownership in associations

5 (j)

34 Receiver of Federal savings and loan associations

5 (d)

32 Receiving illegal fee, penalty

8 (e) Reconstruction Finance Corporation to allocate funds_

4 (b)

24 Redemption of homes lost.

4 (g)

29 Regulation of Federal savings and loan associations

5 (a)

32 Regulations, rules and, for Corporation.

4 (k)

30 Rehabilitation of homes, advance for.

4 (m)

30 Release of Federal savings and loan associations

5 (d)

32 Renewable lease..

2 (c) Reorganization of Federal savings and loan associations. 5 (d)

32 54 (d)

27 Repairs, Corporation may make advances for.

14 (m)

30 Repeal of direct loan provision

4 (n), f n. 14 31 Repurchase of income shares in associations

5 (j)

34 Request for repurchase of income shares in associations. 5 (j)

34 Retirement of bonds, payments of principal to be applied to.. 4 (k)

30

25 Retirement of bonds, with approval of Secretary of Treasury. 4 (c) Retirement of shares, Federal savings and loan associations

5 (g)

33 Revision of terms.

4 (d)

27 Rules and regulations for Corporation.

4 (k)

30 Rules for appraisal, Board to make.

4 (h)

29

23

S

34

Sale of bonds by Corporation and Government.
Sale of bonds, proceeds for cash advances -
Saving and home financing, encouragement of
Savings and loan associations, Federal...
Savings and loan associations, Federal, conversion into.
Second Liberty Bond Act, proceeds of sale of securities
Secretary of the Treasury, stock subscription of..
Security, penalty for overvaluing -
Semiannual payments..
Separability provision..
Solicit illegal charge, penalty
Special district, assessment by
Statement, penalty for false.
Stock, Corporation to retire.
Stock of Corporation, capital
Stock ownership in Corporation, receipts to evidence..
Stock ownership in associations, receipts to evidence.
Stock subscription of the Secretary of the Treasury
Success of Federal savings and loan associations.
Surplus funds to be paid into Treasury -
Suspension of payments.

4 (c) 2426 4 (m)

31 6

35 5

31-35 5 (i) 4 (c)

25 4 (b)

24 8 (a)

35 4 (d)

27 9

37 8 (e)

36 4 (d)

28 8 (a)

35 4 (k)

30 4 (b)

24 4 (b)

24 5 (g), 5 (j) 33, 34 4 (b)

24 5 (e)

32 4 (k)

30 for 5

27

27

T
Tax advances, Corporation to make -
Taxing districts in default---
Taxation of bonds, exemption from.
Taxation of Corporation, exemption from.-
Taxation, real property of Corporation subject to.
Thirty-days to file new applications.
Thrift institutions, mutual.
Title, Home Owners' Loan Act of 1933.
Treasury, surplus funds to be paid into-
Trustee sale..

U

Unemployment, misfortune, economic conditions cause of

default. United States:

Application of act to..
Application of Criminal Code
Corporation to pay dividends to..
Guaranty of interest and principal of bonds.
Payment of interest and principal of bonds by

Succession to rights of bondholders--
Unpaid balance, interest on..
Usefulness of Federal savings and loan associations.
Use of mails by Corporation, free..
Uttering, penalty for false passing and.

27

V
Value:
Advances and bonds not to exceed $14,000.--

4 (d)
Advances and bonds not to exceed 80 percent of real
estate