42 U.S.C. § 1406a — Expenses of management and operation of transferred projects as nonadministrative; paymenttransferred
submitted 87 years ago by ch. 119 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 71 words · no verdicts yet
Beginning May 10, 1939, necessary management and operating expenses for projects transferred to the Authority may be treated as nonadministrative expenses. They may be paid from rents collected from each transferred project.
Beginning May 10, 1939, all necessary expenses connected with managing and operating projects transferred to the Authority by Executive Order 7732 of October 27, 1937, as modified by Executive Order 7839 of March 12, 1938, may be treated as nonadministrative expenses despite 15 U.S.C. § 712a. They may be paid from rent received from each transferred project*.
On and after May 10, 1939 all necessary expenses in connection with the management and operation* of projects transferred to the Authority by Executive Order Numbered 7732 of October 27, 1937, as modified by Executive Order Numbered 7839 of March 12, 1938, may be considered as nonadministrative expenses, notwithstanding the provisions of section 712a of title 15, and be paid from the rents received from each transferred project*.
Source credit: (May 10, 1939, ch. 119, § 1, 53 Stat. 690.)
- 1939Enacted · Act of May 10, 1939, ch. 119 · 53 Stat. 690
A history note hasn’t been published yet. The record shows enactment by ch. 119 on 1939-05-10.
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