FEDERAL · 15 U.S.C. · Chapter 13
Purpose of Foundation
15 U.S.C. § 503
Title15 — Commerce and Trade
Chapter13 — TEXTILE FOUNDATION
This text of 15 U.S.C. § 503 (Purpose of Foundation) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 U.S.C. § 503.
Text
(a)Scientific and economic research
The purposes of the corporation shall be to administer and expend its funds and other property for scientific and economic research for the benefit and development of the textile industry, its allied branches, and including that of production of raw materials.
(b)Payment by Textile Alliance, Incorporated
The Textile Alliance, Incorporated, is authorized to pay to the corporation the amounts payable in accordance with the arrangement between the Textile Alliance, Incorporated, and the Department of State, in lieu of paying such amounts into the United States Treasury; except that any amounts payable in accordance with such arrangement, and paid into the United States Treasury before June 10, 1930, are authorized to be appropriated to the credit of the c
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Related
In Re Armorflite Precision, Inc.
48 B.R. 994 (D. Maine, 1985)
Source Credit
History
(June 10, 1930, ch. 440, §3, 46 Stat. 539.)
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Bluebook (online)
15 U.S.C. § 503, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/503.