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Volume 81

Public Law 90–87

To extend for one year the authority for more flexible regulation of maximum rates of interest or dividends, higher reserve requirements, and open market operations in agency issues.

Approved September 21, 1967

Statutory text

AN ACT

To extend for one year the authority for more flexible regulation of maximum rates of interest or dividends, higher reserve requirements, and open market operations in agency issues.

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

That section 7 of the Act of September 21, 1966 (80 Stat. 823), is hereby amended by striking “one-year” and inserting in lieu thereof “two-year”.

Approved September 21, 1967.

Parsed from the official Statutes at Large USLM XML in 81.xml