823 



the acquisition, development, and operation of ma- 

 rine sanctuaries designated under this chapter. 

 (Pub. L. 92-532, title HI, § 304, Oct. 23, 1972, 86 

 Stat. 1063, amended Pub. L. 94-62, § 4, July 25, 

 1975, 89 Stat. 303; Pub. L. 94-326, § 4, June 30, 1976, 

 90 Stat. 725.) 



Amendments 



1976 — Pub. L. 94-326 authorized appropriations for 

 fiscal year 1977. 



1975 — Pub. L. 94-62 substituted provisions authorizing 

 to be appropriated not to exceed $10,000,000 for each of 

 the fiscal years 1973, 1974, and 1975. for provisions au- 

 thorizing to be appropriated for the fiscal year In which 

 this Act was enacted and for the next two fiscal years 

 thereafter not to exceed $10,000,000 for each such fiscal 

 year, and added provisions authorizing to be appropriated 

 not to exceed $6,200,000 for fiscal year 1976, and not to 

 exceed $1,550,000 for the transition period (July 1 through 

 Sept. 30, 1976). 



20. National Flood Insurance Act 

 42 U.S.C. 4001^127 



See. 



4001. Congressional findings and declaration of pxirpose. 



4002. 

 4003. 



Additional Congressional findings and declaration 



of purpose ( Ne w | . 

 Additional definitions [New]. 



SUBCHAPTER I.— THE NATIONAL FLOOD INSURANCE 

 PROGRAM 



4011. Authorization to establish and carry out program: 



participation by Insurance companies and other 

 Insurers. 



4012. Scope of program and priorities. 



(a) Priority for Insurance tor certain residential 



property and small business concerns. 



(b) Availability of Insurance for other proper- 



ties. 



(c) Availability of Insurance In States or areas 



evidencing positive Interest In securing 

 Insurance and assuring adoption of ade- 

 quate land use and control measures. 



4012a. Requirement of flood Insurance for Federal ap- 

 proval of financial assistance [New]. 



(a) Amount and term of coverage. 



(b) Federal regulations tor flood Insurance re- 



quirement; amount of coverage. 



(c) State-owned property; exemption; list of 



States. 



4013. Kature and limitation of insurance coverage; 



regulations. 



4014. Estimates of premium rates. 



(a) Studies and Investigations. 



(b) Utilization of services of other Departments 



azut agencies, 

 (c) Priority to studies and Investigations In 

 States or areas evidencing positive Inter- 

 est In securing Insurance under program. 

 4016. Chargeable premium rates. 



(a) Establishment; terms and conditions. 



(b) Considerations tor rates. 



(c) Rate with respect to property the construc- 



tion or substantial Improvement of which 

 has been started after Identification of 

 area In which property Is located has been 

 published. 



(d) Payment of certain sums to Secretary; 



deposits In Fund. 



4016. Financing provisions; Issuance of notes or other - 



obligations; limitation; deposits In Fund. 



4017. National Flood Insurance Fund. 



(a) Establishment; avallabiilty. 



(b) Credits to Fund. 



(c) Investment of moneys In obligations Issued 



or guaranteed by United States. 



(d) Availability of Fund tf operation of program 



is carried out through facilities of Federal 

 Oovemment. 



(e) Anmml budget. 



4018. Operating costs and allowances; definitions. 



4019. Payment of claims. 



4020. Dissemination of flood Insurance Information. 



4021. Prohibition against certain duplication of benefits; 



definitions. 



4022. State and local land use controls. 



4023. Properties In violation of State and local law. 



4024. Coordination with other programs. 



4025. Flood Insurance advisory committee. 



(a) Appointment; duties. 



(b) Membership. 



(c) Compensation and travel expenses. 



4028. Limitation on flood Insurance coverage out- 

 standing. 

 4027. Annual report to the President. 



SUBCHAPTER n.— ORGANIZATION AND ADMINIS- 

 TRATION OF FLOOD INSURANCE PROGRAM 



4041. Implementation of program. 



Part A. — iNtmsTRv Pbocram T^rrn Federal P'inanciai. 

 Assist AN ::e 



4051. Industry flood Insurancf pool; requirements for 



participation. 



4052. Agreements with flood lisurance pool; terms and 



conditions. 



4053. Adjustment and payment cf claims; Judicial re- 



view; limitations: Jurisdiction. 



4054. Premium equalization pf.yments; basis; aggregate 



amount: establishment of designated periods. 



4055. Reinsurance coverage. 



(a) Availability for excess losses. 



(b) Availability pursuant to contract, agree- 



ment, or other arrangement; payment of 

 premium, fee, or other charge. 



(c) Excess loss agreement; negotiation. 



(d) Submission of excess losses on portfolio 



basis. 

 40S8. Emergency Implementation of flood insurance pro- 

 gram; applicability of other provisions of law. 



Pabt B. — Government Proc^ram Wfth Industry 

 Assistance 



4071. Federal operation of program; determination by 



Secretary; fiscal agents: report to the Congress. 



4072. Adjustment and payment cf claims: Judicial re- 



view; limitations; Jurl3<llctlon. 



Pabt C. — General Provisions 



4081. Services by Insurance Industry; contracts, agree- 

 ments, or other arrangements. 

 40ea. Use of Insurante pool, companies, or other private 

 organizations for certain payments. 



(a) Authorization to enter Into contracts for 



certain responsibilities. 



(b) Terms and conditions of contract. 



(c) Competitive bidding. 



(d) Findings of Secretary. 



(e) Bond: liability of certifying officers and dis- 



bursing officers. 



(f ) Term of contract; renewals; termlnatloii. 



