Financial Assistance Law and Legal Definition
Pursuant to 16 USCS § 3502 (3), [Title 16. Conservation; Chapter 55. Coastal Barrier Resources] the term financial assistance means “any form of loan, grant, guaranty, insurance, payment, rebate, subsidy, or any other form of direct or indirect Federal assistance other than--
(A) deposit or account insurance for customers of banks, savings and loan associations, credit unions, or similar institutions;
(B) the purchase of mortgages or loans by the Government National Mortgage Association, the Federal National Mortgage Association, or the Federal Home Loan Mortgage Corporation;
(C) assistance for environmental studies, planning, and assessments that are required incident to the issuance of permits or other authorizations under Federal law; and
(D) assistance pursuant to programs entirely unrelated to development, such as any Federal or federally assisted public assistance program or any Federal old-age survivors or disability insurance program.”
Legal Definition list
Related Legal Terms
- Academy of Financial Divorce Practitioners
- Acquisition Assistance [Transportation]
- Adoption Assistance and Child Welfare Act of 1980
- Advisory and Assistance Services
- Advisory or Assistance Services [Energy]
- Agricultural Trade Development and Assistance Act of 1954
- AIDS Drug Assistance Programs
- Alternative Trade Adjustment Assistance Recipient
- Annual Statutory Financial Statement [Agriculture]
- Anti-Terrorism Assistance Program [ATA]
