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15 U.S.C. § 77ll — Effective date of subchapter

submitted 93 years ago by ch. 38 to r/title-15-COMMERCE-AND-TRADE · 24 words · no verdicts yet

in plain englishAI-generated · not legal advice

This subchapter is not law yet. It only takes effect once the President decides it serves the public interest. The President must announce that decision by proclamation.

This subchapter does not take effect on its own. It only becomes active once the President finds that putting it into effect serves the public interest, and formally declares that finding by proclamation. Until that proclamation is made, this subchapter has no legal effect.
the actual law source: uscode.house.gov ↗public domain

This subchapter shall not take effect until the President finds that its taking effect is in the public interest and by proclamation so declares.

Source credit: (May 27, 1933, ch. 38, title II, § 211, 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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