§5223. Minimization of long-term costs and maximization of benefits for taxpayers — Inbound Citations
12 U.S.C. § 5223
Cited by 3 provisions in release 119-102.
Citations to 12 U.S.C. § 5223 as a whole
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(d) Revenues of, and proceeds from the sale of troubled assets purchased under this chapter, or from the sale, exercise, or surrender of warrants or senior debt instruments acquired under section 5223 of this title shall be paid into the general fund of the Treasury for reduction of the public debt.
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(2) The Secretary shall not be required to apply executive compensation restrictions under section 5221 of this title, or to receive warrants or debt instruments under section 5223 of this title, solely in connection with any loan modification under this section.
Citations to §5223(a)
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(3) consistent with protecting taxpayers, in accordance with section 5223(a) of this title.