FEDERAL · 15 U.S.C. · Chapter 15

Use of funds

Current through Pub. L. 119-102
Title 15Commerce and Trade·Ch. 15 — ECONOMIC RECOVERY·Subch. II
The Corporation is authorized to use in the conduct of its business all its funds and other assets, including capital and net earnings therefrom, and all funds and other assets which have been or may hereafter be transferred or allocated to, borrowed by, or otherwise acquired by it.

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15 U.S.C. § 714f (Use of funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(June 29, 1948, ch. 704, §8, 62 Stat. 1072.)

Editorial Notes

Executive Documents

Exceptions From Transfer of Functions
For exception of functions of corporations of Department of Agriculture from transfer of functions to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title.