Page:Emergency Economic Stabilization Act of 2008.djvu/12

 O:kaYOkaYO0 8 C0 4.xaxd 1 2 3 4 (d) FUND.-- 12 (4) _ADJUSTMENT TO PURCHASE AUTHORITY. The purchase authority limit in section 115 shall be reduced by an amount equal to the difference be- tween the total of' the outstanding guaranteed obli- gations and the balance in the Troubled Assets In- surance Fund. TROUBLED ASSETS INSURANCE FINANCING 5 6 7 8 9 (1) DEPOSITS. The Secretary shall deposit 10 fees collected under this section into the Fund estab- 11 lished under paragraph (2). 12 (2) ESTABLISHMENT.--There is established a 13 Troubled Assets Insurance Financing Fund that 14 shall consist of the amounts collected pursuant to 15 paragraph (1), and any balance in such fhnd shall 16 be invested by the Secretary in United States Treas- 17 my securities, or kept in cash on hand or on deposit, 18 as necessary. 19 (3) PAYMENTS FROM FUND.--The Secretary 20 shall make payments from amounts deposited in the 21 Fund to fhlfill obligations of' the guarantees provided 22 to financial institutions under subsection (a). 23 SEC. 103. CONSIDERATIONS. 24 In exercising the authorities granted in this Act, the 25 Secretary shall take into consideration-

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