§ 8037 Savings Association Administration Funding

• •The Savings and Loan Account pays for all the costs of running the department that oversees savings associations.
• •This account can only be used for these specific costs, unless there's a special rule in Section 276 or 277.
• •This rule started on January 1, 1997, and began being used on July 1, 1997.

Imagine the government has a special piggy bank called the Savings and Loan Account.

This piggy bank is only used to pay for the people and things that make sure banks are following the rules. You can't use this piggy bank for anything else, unless there's a special note saying you can.