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15 U.S.C. § 641 — Transfer to Administration of other functions, powers, and duties

submitted 68 years ago by Pub. L. 85-536 to r/title-15-COMMERCE-AND-TRADE · 61 words · no verdicts yet

in plain englishAI-generated · not legal advice

The President may move functions, powers, and duties mainly involving small-business problems from another department or agency to the Small Business Administration. The President may also move related records, property, personnel, and unused funds.

The President may transfer to the Administration any functions, powers, and duties of a department or agency that mainly concern small-business problems. As part of the transfer, the President may also arrange for appropriate transfers of records, property, needed personnel, and unused balances of appropriations and other funds available to the department or agency making the transfer.

the actual law source: uscode.house.gov ↗public domain

The President may transfer to the Administration any functions, powers, and duties of any department or agency which relate primarily to small-business problems. In connection with any such transfer, the President may provide for appropriate transfers of records, property, necessary personnel, and unexpended balances of appropriations and other funds available to the department or agency from which the transfer is made.

Source credit: (Pub. L. 85–536, § 2[12], July 18, 1958, 72 Stat. 394.)

history & why it existsrecord from the source credit
  • 1958Enacted · Pub. L. 85-536 · 72 Stat. 394

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-536 on 1958-07-18.

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