15 U.S.C. § 1841 — Emergency Loan Guarantee Board; establishment; membership; voting
submitted 55 years ago by Pub. L. 92-70 to r/title-15-COMMERCE-AND-TRADE · 56 words · no verdicts yet
This section creates an Emergency Loan Guarantee Board. The Treasury Secretary chairs it, and decisions are made by majority vote.
An Emergency Loan Guarantee Board, called the “Board” in this chapter, is created. It consists of the Secretary of the Treasury, as chair; the Chair of the Board of Governors of the Federal Reserve System; and the Chair of the Securities and Exchange Commission. The Board makes decisions by majority vote.
There is created an Emergency Loan Guarantee Board (referred to in this chapter as the “Board”) composed of the Secretary of the Treasury, as Chairman, the Chairman of the Board of Governors of the Federal Reserve System, and the Chairman of the Securities and Exchange Commission. Decisions of the Board shall be made by majority vote.
Source credit: (Pub. L. 92–70, § 2, Aug. 9, 1971, 85 Stat. 178.)
- 1971Enacted · Pub. L. 92-70 · 85 Stat. 178
A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-70 on 1971-08-09.
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