Page:United States Statutes at Large Volume 70.djvu/860

 804

PUBLIC LAW 879-AUG. 1, 1956

Term of office. 60 Stat. 1066. 60 Stat. 1068. 7 USC 1017(d). Bid at for e c l o sure. 60 Stat. 1070. 7 USC 1025.

12 USC

1148a-l

note.

August 1, 1956 QH. R. 5738]

ROTC.

F l i g h t instruction. 41 Stat. 777.

41 Stat. 777; 68 Stat. 896.

ST A T.

his last-known address for a period of at least five years, has no known assets, and his whereabouts cannot be ascertained without undue expense, may be charged off or released by the Secretary upon a report and favorable recommendation of the employee of the Administration having charge of the claim: Provided, however, That claims involving a principal balance of $150 or less may be charged off or released whenever it appears to the Secretary that further collection efforts would be ineft'ectual or likely to prove uneconomical." (b) The first sentence of section 42(a) is amended by inserting after the word "county" in each of three places the words "or area". (c) Section 43(d) is amended by striking the words "as family-size farms". (d) Section 51 is amended to read as follows: "SEC. 51. The Secretary is authorized and empowered to make advances to preserve and protect the security for, or the lien or priority of the lien securing, any loan or other indebtedness owing to, insured by or acquired by the Secretary under any programs administered by the Farmers' Home Administration; to bid for and purchase at any foreclosure or other sale or otherwise acquire property pledged, mortgaged, conveyed, attached, or levied upon to secure the payment of any such indebtedness; to accept title to any property so purchased or acquired; to operate for a period not in excess of one year from the date of acquisition, or lease such property for such period as may be deemed necessary to protect the investment therein; to sell or grant rights-of-way or easements over such property; and to sell or otherwise dispose of such property in a manner consistent with the provisions of section 43 of this Act. Any advances or expenditures under this section with respect to any insured loan or insured mortgage shall be paid out of the mortgage insurance fund." SEC. 4. Section 1 of the Act of August 31, 1954, as amended (68 Stat. 999; 69 Stat. 223), is further amended by striking the figures "1957" and inserting in lieu thereof the figures "1959" and by striking the figures "$15,000,000" and inserting in lieu thereof "$65,000,000". Approved August 1, 1956. CHAPTER 830

Public Law 879 •,.Qi;«

[70

AN ACT

rp^ authorize flight instruction during Reserve Officers' Training Corps programs, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act of June 3, 1916 (39 Stat. 166), as amended, is further amended as follows: (1) Section 40a, as amended (10 U.S.C. 385), is further amended by adding the following sentence at the end thereof: "The courses of theoretical and practical military training prescribed under this section may include flight instruction,". (2) Section 47, as amended (10 U.S.C. 389), is further amended by adding the following sentence at the end thereof: "The Secretary of the Army and the Secretary of the Air Force may, for a period of four years after the effective date of this amendatory Act, provide, or contract with civilian flying or aviation schools or educational institutions to provide, such personnel, aircraft, supplies, facilities, and instruction as are necessary for flight instruction of members of the Reserve Officers' Training Corps in Army and Air Force units, respectively.".

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