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Title 24USC / Chapter II

 

Chapter 2 Soldiers’ and Airmen’s Home

 

§48 Borrowing money on credit of home

 

No officers of the home shall borrow any money on the credit of the home for any purpose, nor shall any pledge of any of its property or securities for any purpose be valid.

 

(Mar. 3, 1883, ch. 130, §9, 22 Stat. 565; Repealed. Pub. L. 101–510, div. A, title XV, §1532(b)(1), (2), Nov. 5, 1990, 104 Stat. 1733; eff. Nov. 5, 1991)