WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 13

12 U.S.C. 1715c: Labor standards

Created in 1959 by Public Law 86-372. Changed by 9 later laws. No bill we track in this Congress changes it.

4 other sections of the Code cite this one, including 12 U.S.C. 1715e, 12 U.S.C. 1715n, 12 U.S.C. 1715z–6, 12 U.S.C. 1750b.

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    1989

    • Pub. L. 101–235 struck out seventh sentence which read as follows: "The provisions of this section shall also apply to insurance under subchapter IX–A of this chapter with respect to laborers and mechanics employed in land development financed with the proceeds of any mortgage insured … · (a)

    1970

    • Pub. L. 91–609 inserted reference to other organization in sixth sentence. · (a)

    1968

    • Pub. L. 90–448 inserted references to sections 1715z(j)(1) and 1715z–1 of this title, and made provisions of this section applicable to the insurance of mortgages under section 1715z–7 of this title, permitted waiver of compliance in cases or classes of cases where laborers or mechanic… · (a)

    1967

    • Pub. L. 90–19 substituted "Secretary" for "Commissioner" wherever appearing. · (a), (b)

    1966

    • Pub. L. 89–754 defined "construction" in third sentence, made provisions of this section applicable to mortgage described in subsec. (h)(1) covering property improved with residential dwellings for use by more than eight families, provided for waiver of requirement of compliance with r… · (a)

    1965

    • Pub. L. 89–117 substituted "described in subsection (d)(3) or (d)(4)" for "described in subsection (d)(3) in the case of a cooperative or a limited profit mortgagor, or in subsection (d)(4) thereof", and applied provisions of this section to insurance under subchapter IX–A of this chap… · (a)

    1964

    • Pub. L. 88–560 inserted provision that this section shall also apply to the insurance of any mortgage under section 1715y(d) of this title. · (a)
    • Pub. L. 88–349 inserted "in accordance with the Davis-Bacon Act, as amended". · (a)

    1961

    • Pub. L. 87–70 made section applicable to the insurance of mortgages under section 1715x of this title and to insurance under section 1715l of this title of mortgages described in subsec. (d)(3) thereof in the case of a cooperative or a limited profit mortgagor. · (a)

    1959

    • Pub. L. 86–372 substituted "or under section 1748b or 1748h–2 of this title" for "or under subchapter VIII of this chapter", and inserted provisions making this section applicable to the insurance under section 1715 of this title of any mortgage described in subsection (d)(4) thereof, … · (a)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.