Resolution Trust Corporation Asset Disposition Act

Summary

Resolution Trust Corporation Asset Disposition Act - Amends the Federal Home Loan Bank Act to require the Resolution Trust Corporation (RTC) to designate in its real estate asset inventory all properties identified by the Secretary of the Interior as having natural, cultural, recreational, or scientific values of special significance. Requires the Secretary to make such identifications and to review such RTC inventory. Requires RTC updates of such inventory and prohibits disposition of such property for a specified period. Provides that upon expression of serious interest in such property by a qualified land steward (any governmental entity or private nonprofit organization) the RTC is precluded from disposing of it to any other person. Prescribes guidelines for such property transfers to qualified land stewards.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 6 February 1991

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.