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Title 15 — Commerce and Trade

Chapter 13 — Textile Foundation

§ 501. Creation of body corporate; directors; principal office; agencies

Statutory text

The Secretary of Commerce, the Secretary of Agriculture, and three directors first appointed as provided in section 502 of this title and their successors, are created a body corporate of the District of Columbia by the name of the “Textile Foundation” (in this chapter referred to as the corporation). The incorporation shall be held effected upon the date of the first meeting of the board of directors. The corporation shall maintain its principal office in the District of Columbia and may establish such agencies or branch offices at such places as it deems advisable.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 71–440 § 1 · 46 Stat. 539

    Enacted · 15 U.S.C. § 501

    (June 10, 1930, ch. 440, § 1, 46 Stat. 539.)

    Source evidence

    Code source credit
    (June 10, 1930, ch. 440, § 1, 46 Stat. 539.)

    Enacted provision · exact public law section
    (1) The Secretary of Commerce; Secretary of Commerce.

1 of 1 references resolved to an enrolled provision

Credits

(June 10, 1930, ch. 440, § 1, 46 Stat. 539.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s501