Statute · United States Code
15 U.S.C. § 77ii — Subscriptions accepted by Corporation as loans; repayment
15 U.S.C. § 77ii
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- general
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.
Citator
15 U.S.C. § 77ii — Subscriptions accepted by Corporation as loans; repayment is in force in the current edition of the Code, and nothing recorded condemns it.
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.