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us/statute/12/1710/h/8 — Definitions · Axiom

Definitions

For purposes of this subsection, the following definitions shall apply:

(A) Asset control area The term “asset control area” means the area established by a preferred purchaser pursuant to paragraph (4)(B)(i).

(B) Asset property The term “asset property” means— (i) with respect to an eligible asset that is a property, such property; and (ii) with respect to an eligible asset that is a mortgage, the property that is subject to the mortgage.

(D) Nonprofit organization The term “nonprofit organization” means a private organization that— (i) is organized under State or local laws; (ii) has no part of its net earnings inuring to the benefit of any member, shareholder, founder, contributor, or individual; and (iii) complies with standards of financial responsibility that the Secretary may require.

(E) Preferred purchaser The term “preferred purchaser” means a purchaser described in paragraph (4).

(F) Unit of general local government The term “unit of general local government” means any city, town, township, county, parish, village, or other general purpose political subdivision of a State, and any agency or instrumentality thereof that is established pursuant to legislation and designated by the chief executive officer to act on behalf of the jurisdiction with regard to the provisions of this subsection.

(G) State The term “State” means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, Guam, American Samoa, the Virgin Islands, the Northern Mariana Islands, or any agency or instrumentality thereof that is established pursuant to legislation and designated by the chief executive officer to act on behalf of the State with regard to provisions of this subjection. 4 4 So in original. Probably should be “subsection.”

(H) Indian tribe The term “Indian tribe” has the same meaning as in section 1715z–13(i)(I) 5 5 So in original. Probably should be section “1715z–13(i)(1)”. of this title.

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Rules

monetary_default_minimum_full_monthly_installments

Parameter

source: 12 USC 1710(a)

- name: monetary_default_minimum_full_monthly_installments
  kind: parameter
  dtype: Count
  source: 12 USC 1710(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: monetary default for not less than 3 full monthly installments
  versions:
    - effective_from: '0001-01-01'
      formula: '3'

certificate_of_claim_annual_increment_rate

Parameter

source: 12 USC 1710(e)

- name: certificate_of_claim_annual_increment_rate
  kind: parameter
  dtype: Rate
  source: 12 USC 1710(e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: an increment at the rate of 3 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.03'

debenture_maturity_years_after_date

Parameter

source: 12 USC 1710(d)

- name: debenture_maturity_years_after_date
  kind: parameter
  dtype: Count
  source: 12 USC 1710(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: shall mature twenty years after the date thereof
  versions:
    - effective_from: '0001-01-01'
      formula: '20'

property_contract_small_purchase_threshold

Parameter

source: 12 USC 1710(g)

- name: property_contract_small_purchase_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 12 USC 1710(g)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: if the amount thereof does not exceed $1,000
  versions:
    - effective_from: '0001-01-01'
      formula: '1000'

revitalization_area_very_low_income_ratio

Parameter

source: 12 USC 1710(h)(3)(A)

- name: revitalization_area_very_low_income_ratio
  kind: parameter
  dtype: Rate
  source: 12 USC 1710(h)(3)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: less than 60 percent of the median household income
  versions:
    - effective_from: '0001-01-01'
      formula: '0.60'

eligible_asset_dwelling_family_minimum

Parameter

source: 12 USC 1710(h)(2)(A)

- name: eligible_asset_dwelling_family_minimum
  kind: parameter
  dtype: Count
  source: 12 USC 1710(h)(2)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: designed as a dwelling for occupancy by 1 to 4 families
  versions:
    - effective_from: '0001-01-01'
      formula: '1'

eligible_asset_dwelling_family_maximum

Parameter

source: 12 USC 1710(h)(2)(A)

- name: eligible_asset_dwelling_family_maximum
  kind: parameter
  dtype: Count
  source: 12 USC 1710(h)(2)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: designed as a dwelling for occupancy by 1 to 4 families
  versions:
    - effective_from: '0001-01-01'
      formula: '4'

revitalization_program_regulation_deadline_years

Parameter

source: 12 USC 1710(h)(10)

- name: revitalization_program_regulation_deadline_years
  kind: parameter
  dtype: Count
  source: 12 USC 1710(h)(10)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: not later than the expiration of the 2-year period beginning on October 21, 1998
  versions:
    - effective_from: '0001-01-01'
      formula: '2'

▸citations (1)

References

This rule cites 1 other rule.

12 USC § 1715zinferredUS Federal › Statutes › Title 12 › § 1715z

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Definitions

Official source

For purposes of this subsection, the following definitions shall apply:

(A) Asset control area The term “asset control area” means the area established by a preferred purchaser pursuant to paragraph (4)(B)(i).

(E) Preferred purchaser The term “preferred purchaser” means a purchaser described in paragraph (4).

(H) Indian tribe The term “Indian tribe” has the same meaning as in section 1715z–13(i)(I) 5 5 So in original. Probably should be section “1715z–13(i)(1)”. of this title.

in view

Whole section

▸rulespec code

Shown source

statutes/12/1710.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/12/1710; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

monetary_default_minimum_full_monthly_installments

Parameter

source: 12 USC 1710(a)

- name: monetary_default_minimum_full_monthly_installments
  kind: parameter
  dtype: Count
  source: 12 USC 1710(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: monetary default for not less than 3 full monthly installments
  versions:
    - effective_from: '0001-01-01'
      formula: '3'

certificate_of_claim_annual_increment_rate

Parameter

source: 12 USC 1710(e)

- name: certificate_of_claim_annual_increment_rate
  kind: parameter
  dtype: Rate
  source: 12 USC 1710(e)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: an increment at the rate of 3 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.03'

debenture_maturity_years_after_date

Parameter

source: 12 USC 1710(d)

- name: debenture_maturity_years_after_date
  kind: parameter
  dtype: Count
  source: 12 USC 1710(d)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: shall mature twenty years after the date thereof
  versions:
    - effective_from: '0001-01-01'
      formula: '20'

property_contract_small_purchase_threshold

Parameter

source: 12 USC 1710(g)

- name: property_contract_small_purchase_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 12 USC 1710(g)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: if the amount thereof does not exceed $1,000
  versions:
    - effective_from: '0001-01-01'
      formula: '1000'

revitalization_area_very_low_income_ratio

Parameter

source: 12 USC 1710(h)(3)(A)

- name: revitalization_area_very_low_income_ratio
  kind: parameter
  dtype: Rate
  source: 12 USC 1710(h)(3)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: less than 60 percent of the median household income
  versions:
    - effective_from: '0001-01-01'
      formula: '0.60'

eligible_asset_dwelling_family_minimum

Parameter

source: 12 USC 1710(h)(2)(A)

- name: eligible_asset_dwelling_family_minimum
  kind: parameter
  dtype: Count
  source: 12 USC 1710(h)(2)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: designed as a dwelling for occupancy by 1 to 4 families
  versions:
    - effective_from: '0001-01-01'
      formula: '1'

eligible_asset_dwelling_family_maximum

Parameter

source: 12 USC 1710(h)(2)(A)

- name: eligible_asset_dwelling_family_maximum
  kind: parameter
  dtype: Count
  source: 12 USC 1710(h)(2)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: designed as a dwelling for occupancy by 1 to 4 families
  versions:
    - effective_from: '0001-01-01'
      formula: '4'

revitalization_program_regulation_deadline_years

Parameter

source: 12 USC 1710(h)(10)

- name: revitalization_program_regulation_deadline_years
  kind: parameter
  dtype: Count
  source: 12 USC 1710(h)(10)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/12/1710
            excerpt: not later than the expiration of the 2-year period beginning on October 21, 1998
  versions:
    - effective_from: '0001-01-01'
      formula: '2'

▸citations (1)

References

This rule cites 1 other rule.

12 USC § 1715zinferredUS Federal › Statutes › Title 12 › § 1715z