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15 U.S.C. § 77jjLoans to Corporation from Reconstruction Finance Corporation authorized

submitted 93 years ago by ch. 38 to r/title-15-COMMERCE-AND-TRADE · 22 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Reconstruction Finance Corporation can lend money to the Corporation. The loan cannot be more than $75,000 total.

The Reconstruction Finance Corporation is allowed to lend the Corporation money from its own funds. That loan cannot total more than $75,000.
the actual law source: uscode.house.gov ↗public domain

The Reconstruction Finance Corporation is authorized to loan out of its funds not to exceed $75,000 for the use of the Corporation.

Source credit: (May 27, 1933, ch. 38, title II, § 209, 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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