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15 U.S.C. § 712aLimitation of obligations for administrative expenses of certain agencies; limitation on life of certain agencies

submitted 90 years ago by ch. 689 to r/title-15-COMMERCE-AND-TRADE · 147 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

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

Notwithstanding any other provision of law, none of the establishments or agencies named in subsection (b) of this section shall, after June 30, 1937, incur any obligations for administrative expenses, except pursuant to an annual appropriation specifically therefor, nor shall any such establishment or agency continue to function after said date unless established by or pursuant to law: Provided, That nothing contained in this section shall be construed to extend the period during which any such establishment or agency heretofore has been authorized by law to function.

(b)

[1., 2. Repealed] 3. Federal Housing Administration; 4. Federal Surplus Commodities Corporation; 5. Export-Import Bank of the United States; 6. Second Export-Import Bank of Washington, District of Columbia; 7. Reconstruction Finance Corporation; 8. Electric Home and Farm Authority; 9. Commodity Credit Corporation; 10. Federal Emergency Administration of Public Works; [11. Repealed] 12. Reconstruction Finance Mortgage Company.

Source credit: (June 22, 1936, ch. 689, § 7, 49 Stat. 1647; Pub. L. 87–353, § 3(l), Oct. 4, 1961, 75 Stat. 774; Pub. L. 90–267, § 1(a), Mar. 13, 1968, 82 Stat. 47; Pub. L. 101–73, title VII, § 741, Aug. 9, 1989, 103 Stat. 436.)

history & why it existsrecord from the source credit
  • 1936Enacted · Act of June 22, 1936, ch. 689 · 49 Stat. 1647
  • 1961Amended · Pub. L. 87-353 · 75 Stat. 774
  • 1968Amended · Pub. L. 90-267 · 82 Stat. 47
  • 1989Amended · Pub. L. 101-73 · 103 Stat. 436

A history note hasn’t been published yet. The record shows enactment by ch. 689 on 1936-06-22.

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