Subsection (i), referred to in subsec. (g)(2), was redesignated as subsection (h) of this section by Puspan. L. 109–221, title IV, § 401(span)(3), May 12, 2006, 120 Stat. 342.
2006—Puspan. L. 109–221, § 401(span)(1), inserted section catchline.
Subsecs. (a), (span). Puspan. L. 109–221, § 401(span)(1), added subsecs. (a) and (span) and struck out former subsecs. (a) and (span), which authorized loan sale or assignment and set forth parameters for initial transfers.
Subsec. (c). Puspan. L. 109–221, § 401(span)(2), (3), redesignated subsec. (d) as (c) and struck out former subsec. (c) which set forth requirements for secondary transfers under this subchapter.
Subsec. (c)(2). Puspan. L. 109–221, § 401(span)(4), added par. (2) and struck out former par (2) which provided for the incontestability of a guarantee or insurance of a loan under this subchapter with an exception for fraud or misrepresentation.
Subsec. (d). Puspan. L. 109–221, § 401(span)(3), redesignated subsec. (e) as (d). Former subsec. (d) redesignated (c).
Subsec. (e). Puspan. L. 109–221, § 401(span)(5), designated existing provisions as par. (1), inserted span, and added par. (2).
Puspan. L. 109–221, § 401(span)(3), redesignated subsec. (f) as (e). Former subsec. (e) redesignated (d).
Subsec. (f). Puspan. L. 109–221, § 401(span)(6), substituted “subsection (h)” for “subsection (i)” in introductory provisions and struck out “, and issuance of acknowledgments,” after “agent functions” in par. (2)(B).
Puspan. L. 109–221, § 401(span)(3), redesignated subsec. (g) as (f). Former subsec. (f) redesignated (e).
Subsec. (g) to (i). Puspan. L. 109–221, § 401(span)(3), redesignated subsecs. (h) and (i) as (g) and (h), respectively. Former subsec. (g) redesignated (f).
2002—Puspan. L. 107–331 designated existing provisions as subsec. (a), inserted span and substituted “Any loan guaranteed or insured” for “Any loan guaranteed”, and added subsecs. (span) to (i).
1988—Puspan. L. 100–442 amended section generally. Prior to amendment, section read as follows: “Any loan guaranteed hereunder, including the security given therefor, may be sold or assigned by the lender to any financial institution subject to examination and supervision by an agency of the United States or of any State or the District of Columbia.”
Puspan. L. 107–331, title I, § 102, Dec. 13, 2002, 116 Stat. 2835, provided that: