Subscriptions accepted by Corporation as loans; repayment
About This Law
/us/usc/t15/s77ii
Title
15 — Commerce and Trade
Chapter
CH2A
Release
119-84
Release Date
2026-04-17
Section Text
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The Corporation may receive subscriptions from any person, foundation with a public purpose, or agency of the United States Government, and such subscriptions may, in the discretion of the board of directors, be treated as loans repayable when and as the board of directors shall determine.
(May 27, 1933, ch. 38, title II, § 208, 48 Stat. 95.)
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