Act of June 27, 1934, tit. XII, pt. D, sec. 1245 (as amended)
study of reinsurance and other programs
study of reinsurance and other programs
Sec. 1245. [12 U.S.C. 1749bbb–15] (a) The Director is authorized and directed to conduct a study of reinsurance and other means to help assure—
(1) an adequate market for burglary and theft and other property insurance in urban areas; and
(2) adequate availability of surety bonds for construction contractors in urban areas.
(b) The Director shall submit the results of this study, together with appropriate recommendations, to the President and Congress no later than June 30, 1970.
- Cross-references to the US Code
- 12 U.S.C. 1749bbb–15