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Volume 53

Public Law 76–4

To continue the functions of the Reconstruction Finance Corporation, and for other purposes.

Approved March 4, 1939

Statutory text

AN ACT

To continue the functions of the Reconstruction Finance Corporation, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That (a) section 1 of the Act approved January 26, 1937 (50 Stat. 5), is hereby amended by striking therefrom “June 30, 1939” and inserting in lieu thereof “June 30, 1941”; (b) section 1 of the Act approved March 31, 1936 (49 Stat. 1186), as amended, is hereby further amended by striking from the first sentence thereof “June 30, 1939” and inserting in lieu thereof “June 30, 1941”; (c) section 9 of the Reconstruction Finance Corporation Act (47 Stat. 9), as amended, is hereby further amended by inserting after the second sentence thereof the following sentence: “Such obligations may mature subsequent to the period of succession of the Corporation as provided by section 4 hereof.”; and (d) the Act approved February 11, 1937 (50 Stat. 19), as amended, is amended by striking from the first sentence “$20,000,000” and inserting in lieu thereof “$40,000,000”; and by striking from the second paragraph “or 1938” and inserting in lieu thereof “1938, 1939, or 1940”.

Approved, March 4, 1939.

Parsed from the official Statutes at Large USLM XML in 53.xml