Title 15 — Commerce and Trade
Chapter 2A — Securities and Trust Indentures
§ 77ii. Subscriptions accepted by Corporation as loans; repayment
Statutory text
The Corporation may receive subscriptions from any person, foundation with a public purpose, or agency of the United States Government, and such subscriptions may, in the discretion of the board of directors, be treated as loans repayable when and as the board of directors shall determine.
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.
Pub. L. 73–38 · 48 Stat. 74
Enacted · 15 U.S.C. § 77ii
(May 27, 1933, ch. 38, title II, § 208, 48 Stat. 95.)
Source evidence
Code source credit
(May 27, 1933, ch. 38, title II, § 208, 48 Stat. 95.)
0 of 1 references resolved to an enrolled provision · 1 partial
Credits
(May 27, 1933, ch. 38, title II, § 208, 48 Stat. 95.)