Laws: Cases and Codes : U.S. Code : Title 12 : Section 4503


   
U.S. Code as of: 01/19/04
Section 4503. Protection of taxpayers against liability

      This chapter may not be construed as obligating the Federal
    Government, either directly or indirectly, to provide any funds to
    the Federal Home Loan Mortgage Corporation, the Federal National
    Mortgage Association, or the Federal Home Loan Banks, or to honor,
    reimburse, or otherwise guarantee any obligation or liability of
    the Federal Home Loan Mortgage Corporation, the Federal National
    Mortgage Association, or the Federal Home Loan Banks. This chapter
    may not be construed as implying that any such enterprise or Bank,
    or any obligations or securities of such an enterprise or Bank, are
    backed by the full faith and credit of the United States.



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