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15 U.S.C. § 77ggAnnual report by Corporation; printing and distribution

submitted 93 years ago by ch. 38 to r/title-15-COMMERCE-AND-TRADE · 84 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Corporation must make and publish an annual report each year. It must send a copy, with the account, balance sheet, and auditor's report, to the SEC and Congress. Anyone can get one copy for up to a dollar, and the board may give copies away free.

The Corporation must prepare, print, and publish an annual report on its work during the year. It must send a copy — along with a copy of the account, balance sheet, and auditor's report — to the SEC and to both houses of Congress. It must provide one copy of the report to anyone who asks and pays up to $1, but no more than one copy per request. Even so, the board of directors may choose to hand out extra copies for free.
the actual law source: uscode.house.gov ↗public domain

The Corporation shall make, print, and make public an annual report of its operations during each year, send a copy thereof, together with a copy of the account and balance sheet and auditor’s report, to the Commission and to both Houses of Congress, and provide one copy of such report but not more than one on the application of any person and on receipt of a sum not exceeding $1: Provided, That the board of directors in its discretion may distribute copies gratuitously.

Source credit: (May 27, 1933, ch. 38, title II, § 206, 48 Stat. 95.)

history & why it existsrecord from the source credit
  • 1933Enacted · Act of May 27, 1933, ch. 38 · 48 Stat. 95

A history note hasn’t been published yet. The record shows enactment by ch. 38 on 1933-05-27.

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