§ 601 to 619. — Repealed.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC601]
TITLE 15--COMMERCE AND TRADE
CHAPTER 14--RECONSTRUCTION FINANCE CORPORATION
Secs. 601 to 616. Repealed or Omitted
Codification
Section 601, acts Jan. 22, 1932, ch. 8, Sec. 1, 47 Stat. 5; June 30,
1947, ch. 166, title I, Sec. 1, 61 Stat. 202; May 25, 1948, ch. 334,
Sec. 1, 62 Stat. 261; 1951 Reorg. Plan No. 1, Secs. 1, 5, 9, eff. May 1,
1951, 16 F.R. 3690, 65 Stat. 773, 774, created the Reconstruction
Finance Corporation, which was abolished by section 6 of Reorg. Plan.
No. 1 of 1957, eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 647. Reorg.
Plan No. 1 of 1957 is set out preceding section 601 of this title.
Sections 601a, 601b, acts Jan. 20, 1934, ch. 3, Sec. 1, 48 Stat.
318; Jan. 31, 1935, ch. 2, Sec. 1, 49 Stat. 1, which extended the life
of the Corporation until Feb. 1, 1935, and Feb. 1, 1937, respectively,
were repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(i),
(m), 61 Stat. 208.
Section 602, acts Jan. 22, 1932, ch. 8, Sec. 2, formerly Sec. 3, 47
Stat. 5; July 21, 1932, ch. 520, Sec. 205(b), 47 Stat. 714; July 22,
1932, ch. 522, Sec. 6(f), 47 Stat. 728; June 25, 1940, ch. 427, Sec. 2,
54 Stat. 572; renumbered and amended June 30, 1947, ch. 166, title I,
Sec. 1, title II, Sec. 206(a), 61 Stat. 202, 208; May 25, 1948, ch. 334,
Sec. 2, 62 Stat. 262; Oct. 15, 1949, ch. 695, Secs. 4, 5(a), 63 Stat.
880, related to the appointment, qualifications and tenure of directors
of the Reconstruction Finance Corporation. It was repealed by Pub. L.
89-554, Sec. 8(a), Sept. 6, 1966, 80 Stat. 648, 654, 655.
Section 603, acts Jan. 22, 1932, ch. 8, Sec. 3, formerly Sec. 4, 47
Stat. 5; July 21, 1932, ch. 520, Sec. 208(a), 47 Stat. 714; Feb. 24,
1938, ch. 32, Sec. 4, 52 Stat. 80; renumbered and amended June 30, 1947,
ch. 166, title I, Sec. 1, title II, Sec. 206(a), 61 Stat. 202, 208; May
25, 1948, ch. 334, Sec. 3, 62 Stat. 262; July 30, 1953, ch. 282, title
I, Sec. 102(a), 67 Stat. 230; June 29, 1954, ch. 410, Sec. 2(b), 68
Stat. 320, provided for the powers of the Reconstruction Finance
Corporation, including appointment and pay of employees. It was repealed
by Pub. L. 89-554, Sec. 8(a), Sept. 6, 1966, 80 Stat. 648, 654, 655.
Section 603a, act Jan. 31, 1935, ch. 2, Sec. 1, 49 Stat. 1, related
to salaries of officers and employees. It was repealed by act of June
30, 1947, ch. 166, title II, Sec. 206(m), 61 Stat. 208.
Section 603b, act June 30, 1949, ch. 286, title III, Sec. 301, 63
Stat. 375, provided for distribution of administrative expenses to the
accounts of the Corporation in accordance with generally recognized
accounting practices, which Corporation was abolished by section 6 of
Reorg. Plan. No. 1 of 1957, eff. June 30, 1957, 22 F.R. 4633, 71 Stat.
647. Reorg. Plan No. 1 of 1957 is set out preceding section 601 of this
title.
Section 603c, acts June 30, 1949, ch. 286, title III, Sec. 301, 63
Stat. 375; June 30, 1949, ch. 288, title I, Sec. 105, 63 Stat. 381,
proscribed the use of funds of the Corporation for surplus property or
for benefit of other agencies, which Corporation was abolished by
section 6 of Reorg. Plan No. 1 of 1957, eff. June 30, 1957, 22 F.R.
4633, 71 Stat. 647. Reorg. Plan No. 1 of 1957 is set out preceding
section 601 of this title.
Section 604, acts Jan. 22, 1932, ch. 8, Sec. 4, formerly Sec. 5, 47
Stat. 6; June 19, 1934, ch. 653, Sec. 6(b), 48 Stat. 1109; June 25,
1940, ch. 427, Sec. 6(b), 54 Stat. 574; Aug. 7, 1946, ch. 811,
Sec. 1(a), 60 Stat. 901; renumbered and amended June 30, 1947, ch. 166,
title I, Sec. 1, 61 Stat. 203; May 25, 1948, ch. 334, Sec. 4, 62 Stat.
263; June 29, 1948, ch. 723, 62 Stat. 1101; July 1, 1948, ch. 784,
Secs. 3, 4, 62 Stat. 1209; July 19, 1949, ch. 351, Sec. 2, 63 Stat. 446;
Oct. 25, 1949, ch. 729, Sec. 4, 63 Stat. 906; April 20, 1950, ch. 94,
title V, Sec. 506, 64 Stat. 81; Oct. 24, 1951, ch. 555, Sec. 101, 65
Stat. 616; Reorg. Plan No. 1 of 1951, Secs. 1, 5, 9, eff. May 1, 1951,
16 F.R. 3690, 65 Stat. 773, 774; July 30, 1953, ch. 282, title I,
Sec. 102(b), 67 Stat. 230, related to loans and advances by the
Corporation. It was repealed by Pub. L. 89-554, Sec. 8(a), Sept. 6,
1966, 80 Stat. 648, 654.
Section 604a, act Jan. 20, 1934, ch. 3, Sec. 2, 48 Stat. 319,
related to time limitation in disbursement of funds committed by the
Corporation. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(i), 61 Stat. 208.
Section 604b, act Jan. 31, 1935, ch. 2, Sec. 2, 49 Stat. 2, related
to limitation on disbursement of funds under commitment. It was repealed
by act of June 30, 1947, ch. 166, title II, Sec. 206(m), 61 Stat. 208,
as amended May 27, 1948, ch. 334, Sec. 6, 62 Stat. 265.
Section 605, acts Jan. 22, 1932, ch. 8, Sec. 5, formerly Sec. 6, 47
Stat. 8; May 20, 1933, ch. 35, Sec. 2, 48 Stat. 73; June 19, 1934, ch.
653, Sec. 2, 48 Stat. 1107; June 25, 1940, ch. 427, Sec. 3(a), 54 Stat.
573; Sept. 18, 1940, ch. 722, title III, Sec. 331(a), (b), 54 Stat. 955;
renumbered and amended June 30, 1947, ch. 166, title I, Sec. 1, title
II, Sec. 206(a), (e), 61 Stat. 202, 208, authorized and directed the
Federal Reserve banks to act as custodians and fiscal agents for the
Corporation, which Corporation was abolished by section 6 of Reorg. Plan
No. 1 of 1957, eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 647. Reorg.
Plan No. 1 of 1957 is set out preceding section 601 of this title.
Section 605a, act July 21, 1932, ch. 520, Sec. 1, 47 Stat. 709,
related to loans to States and municipalities for unemployment relief
purposes. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(a), 61 Stat. 208.
Section 605b, acts July 21, 1932, ch. 520, Sec. 201, 47 Stat. 711;
Mar. 23, 1933, ch. 5, 48 Stat. 20; Ex. Ord. No. 6084, May 27, 1933; May
29, 1933, ch. 42, title I, 48 Stat. 99; June 10, 1933, ch. 55, Secs. 5-
9, 48 Stat. 120, 121; June 16, 1933, ch. 98, Sec. 80, 48 Stat. 273; June
16, 1933, ch. 100, Sec. 5, 48 Stat. 283, authorized loans to States,
municipalities, etc., for self-liquidating projects. Subsecs. (a) to (d)
and (f) to (j) were repealed by act June 30, 1947, ch. 166, title II,
Sec. 206(a), (e), 61 Stat. 208.
Subsec. (e) related to the creation of regional agricultural credit
corporations by the Reconstruction Finance Corporation, the functions of
which Corporation were transferred by act June 30, 1947, ch. 166, title
II, Sec. 206, 61 Stat. 208 (12 U.S.C. 1148) to the Farm Credit
Administration and which Corporation was abolished by section 6 of
Reorg. Plan No. 1 of 1957, eff. June 30, 1957, 22 F.R. 4633, 71 Stat.
647. Reorg. Plan No. 1 of 1957 is set out preceding section 601 of this
title.
Section 605c, act July 21, 1932, ch. 520, Sec. 206, 47 Stat. 714,
authorized loans to borrowers organized under laws of Alaska, District
of Columbia, Hawaii and Puerto Rico. It was repealed by act of June 30,
1947, ch. 166, title II, Sec. 206(a), 61 Stat. 208.
Section 605d, act July 21, 1932, ch. 520, Sec. 207, 47 Stat. 715,
prohibited loans to financial institutions whose officers or directors
are also directors of Reconstruction Finance Corporation. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(a), 61
Stat. 208.
Section 605e, acts June 10, 1933, ch. 55, Sec. 1, 48 Stat. 119; Jan.
31, 1935, ch. 2, Sec. 8, 49 Stat. 4, related to purchase of preferred
stock of insurance companies. It was repealed by act of June 30, 1947,
ch. 166, title II, Sec. 206(e), 61 Stat. 208.
Sections 605f, 605g, acts June 10, 1933, ch. 55, Secs. 2, 3, 48
Stat. 120; June 19, 1934, ch. 653, Sec. 12(a), 48 Stat. 1111, which
related to loans or purchases of capital notes of insurance companies,
and the financial showing necessary for the purchase of stock or making
of loans, were repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(e), 61 Stat. 208.
Section 605h, act June 10, 1933, ch. 55, Sec. 4, 48 Stat. 120,
prohibited the making of loans to applicants whose officers or employees
were receiving unreasonable compensation. It was repealed by act of June
30, 1947, ch. 166, title II, Sec. 206(e), 61 Stat. 208.
Sections 605i, acts June 10, 1933, ch. 55, Sec. 11, 48 Stat. 121;
June 19, 1934, ch. 653, Sec. 12(b), 48 Stat. 1112, defined insurance
company and State.
Section 605j, act June 10, 1933, ch. 55, Sec. 14, 48 Stat. 122,
reserved right to amend or repeal former sections 605e to 605i of this
title and provided for separability of their provisions. It was repealed
by act of June 30, 1947, ch. 166, title II, Sec. 206(e), 61 Stat. 208.
Section 605k, acts Apr. 13, 1934, ch. 121, 48 Stat. 589; July 26,
1935, ch. 421, 49 Stat. 505; Apr. 17, 1936, ch. 234, Sec. 1, 49 Stat.
1232, authorized the Reconstruction Finance Corporation to make loans
for repair of damage caused by floods and other catastrophes, which
Corporation was abolished by section 6 of Reorg. Plan No. 1 of 1957,
eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 646. Reorg. Plan No. 1 of
1957 is set out preceding section 601 of this title.
Section 605k-1, acts Feb. 11, 1937, ch. 10, 50 Stat. 19; May 28,
1937, ch. 275, 50 Stat. 211; Mar. 3, 1938, ch. 40, 52 Stat. 84; Mar. 4,
1939, ch. 4, 53 Stat. 510; June 10, 1941, ch. 190, Sec. 1, 55 Stat. 248,
related to the creation and powers of the Disaster Loan Corporation and
was rendered obsolete by Joint Res. June 30, 1945, ch. 215, Sec. 1, 59
Stat. 310, which dissolved the Corporation and transferred all powers,
functions, duties, liabilities, etc., to the Reconstruction Finance
Corporation. Section 2 of Joint Res. June 30, 1945, saved all pending
court or other proceedings and provided that the Court could, upon
motion filed within one year after July 1, 1945, substitute the
Reconstruction Finance Corporation for the Disaster Loan Corporation.
Section 3 of Joint Res. June 30, 1945, provided that it should become
effective July 1, 1945. It was repealed by act of June 30, 1947, ch.
166, title II, Sec. 206(r), 61 Stat. 209.
Section 605l, act Jan. 31, 1935, ch. 2, Sec. 11, 49 Stat. 5, related
to substitution of bonds or other evidence of indebtedness held by the
Corporation. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(m), 61 Stat. 208.
Section 605m, acts Jan. 31, 1935, ch. 2, Sec. 3, 49 Stat. 2; June
25, 1940, ch. 427, Sec. 3(b), 54 Stat. 573; Sept. 18, 1940, ch. 722,
title III, Sec. 331(c), 54 Stat. 956, related to maturity of loans made
by the Corporation generally and to railroads in particular. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(m), 61
Stat. 208, as amended May 25, 1948, ch. 334, Sec. 6, 62 Stat. 265.
Section 606, acts Jan. 22, 1932, ch. 8, Sec. 7, 47 Stat. 8; June 30,
1947, ch. 166, title I, Sec. 1, 61 Stat. 202, authorized the
Reconstruction Finance Corporation to issue notes, bonds, etc., which
Corporation was abolished by section 6 of Reorg. Plan No. 1 of 1957,
eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 647. A prior section 606, act
Jan. 22, 1932, ch. 8, Sec. 5a, 47 Stat. 8, was omitted in the general
revision of act Jan. 22, 1932, by act June 30, 1947, ch. 166. Reorg.
Plan No. 1 of 1957 is set out preceding section 601 of this title.
Section 606a, act Jan. 22, 1932, ch. 8, Sec. 5e, as added June 16,
1934, ch. 546, Sec. 3, 48 Stat. 971; Jan. 31, 1935, ch. 2, Sec. 6, 49
Stat. 3, which related to loans on or purchase of assets of closed
financial institutions, was omitted by act June 30, 1947, ch. 166, title
I, Sec. 1, 61 Stat. 202, which generally amended the Reconstruction
Finance Corporation Act, act Jan. 22, 1932, ch. 8, 47 Stat. 5.
Section 606b, act Jan. 22, 1932, ch. 8, Sec. 5d, as added June 19,
1934, ch. 653, Sec. 5, 48 Stat. 1108; amended Jan. 31, 1935, ch. 2,
Sec. 10, 49 Stat. 4; Apr. 13, 1938, ch. 140, 52 Stat. 212; June 25,
1940, ch. 427, Secs. 5, 6(c), 54 Stat. 573, 574; Sept. 26, 1940, ch.
734, Sec. 1, 54 Stat. 961; June 10, 1941, ch. 190, Sec. 4, 55 Stat. 249;
June 11, 1942, ch. 404, Sec. 9, 56 Stat. 355, which provided for loans
to States, municipalities, public agencies, and business enterprises,
was omitted by act June 30, 1947, ch. 166, title I, Sec. 1, 61 Stat.
202, which generally amended the Reconstruction Finance Corporation Act,
act Jan. 22, 1932, ch. 8, 47 Stat. 5. Act June 30, 1947, ch. 166, title
II, Sec. 206(x), (z), 61 Stat. 209, repealed acts Mar. 27, 1942, ch.
198, Sec. 1, 56 Stat. 174; Aug. 7, 1946, ch. 811, Sec. 1, 60 Stat. 901
formerly cited to section 606b of this title.
Section 606b-1, act Jan. 22, 1932, ch. 8, Sec. 5f, as added Mar. 27,
1942, ch. 198, Sec. 2, 56 Stat. 175, related to transfer of real estate
to Corporation by Government agencies. It was repealed by act of June
30, 1947, ch. 166, title II, Sec. 206(x), 61 Stat. 209.
Section 606b-2, act Jan. 22, 1932, ch. 8, Sec. 5g, as added Mar. 27,
1942, ch. 198, Sec. 2, 56 Stat. 175, related to funds for War Damage
Corporation. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(x), 61 Stat. 209.
Section 606b-3, act Jan. 22, 1932, ch. 8, Sec. 5h, as added May 11,
1942, ch. 301, 56 Stat. 275, was omitted by act June 30, 1947, ch. 166,
title I, Sec. 1, 61 Stat. 202, which generally amended the
Reconstruction Finance Corporation Act, act Jan. 22, 1932, ch. 8, 47
Stat. 5.
Section 606b-4, act Aug. 7, 1946, ch. 811, Sec. 2, 60 Stat. 902,
related to purchase of servicemen's guaranteed or insured readjustment
loans. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(z), 61 Stat. 209.
Section 606b-5, act Aug. 7, 1946, ch. 811, Sec. 3, 60 Stat. 902,
authorized extension of credit by Reconstruction Finance Corporation to
Republic of the Philippines, which Corporation was abolished by section
6 of Reorg. Plan No. 1 of 1957, eff. June 30, 1957, 22 F.R. 4633, 71
Stat. 647. Reorg. Plan No. 1 of 1957 is set out preceding section 601 of
this title.
Section 606c, act June 19, 1934, ch. 653, Sec. 13, 48 Stat. 1112,
related to loans for organizing farmers' mineral rights pools. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(k), 61
Stat. 208.
Section 606d, acts June 19, 1934, ch. 653, Sec. 14, 48 Stat. 1112;
Jan. 31, 1935, ch. 2, Sec. 12, 49 Stat. 5; Sept. 16, 1940, ch. 721, 54
Stat. 897, related to loans to aid mining, milling and smelting
industry. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(k), 61 Stat. 208.
Section 606e, act June 19, 1934, ch. 653, Sec. 15, 48 Stat. 1112,
related to loans to aid fishing industry. It was repealed by act of June
30, 1947, ch. 166, title II, Sec. 206(k), 61 Stat. 208.
Section 606f, act June 19, 1934, ch. 653, Sec. 16, 48 Stat. 1113,
related to loans for payment of teachers' salaries due prior to June 1,
1934. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(k), 61 Stat. 208.
Section 606g, act Jan. 22, 1932, ch. 8, Sec. 5b, as added June 19,
1934, ch. 653, Sec. 8, 48 Stat. 1109, was omitted by act June 30, 1947,
ch. 166, title I, Sec. 1, 61 Stat. 202, which generally amended the
Reconstruction Finance Corporation Act, act Jan. 22, 1932, ch. 8, 47
Stat. 5.
Section 606h, act June 19, 1934, ch. 653, Sec. 10, 48 Stat. 1110,
related to adjustment of maturities of obligations of borrowers. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(k), 61
Stat. 208.
Section 606i, act Jan. 22, 1932, ch. 8, Sec. 5c, as added Jan. 31,
1935, ch. 2, Sec. 5, 49 Stat. 3, was omitted by act June 30, 1947, ch.
166, title I, Sec. 1, 61 Stat. 202, which generally amended the
Reconstruction Finance Corporation Act, act Jan. 22, 1932, ch. 8, 47
Stat. 5.
Section 606j, act Aug. 24, 1935, ch. 646, Sec. 1, 49 Stat. 796,
related to loans to public school districts and authorities. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(n), (u),
61 Stat. 208, 209.
Section 606k, act Aug. 24, 1935, ch. 646, Sec. 2, 49 Stat. 798,
related to limitation of loans authorized by former section 606j of this
title. It was repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(n), (u), 61 Stat. 208, 209.
Section 606l, act Sept. 5, 1940, ch. 715, Sec. 12, 54 Stat. 871,
related to financing acquisition of right-of-way for Federal aid roads.
It was repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(n),
(u), 61 Stat. 208, 209.
Section 607, acts Jan. 22, 1932, ch. 8, Sec. 8, 47 Stat. 8; July 21,
1932, ch. 520, Sec. 204, 47 Stat. 714; Ex. Ord. No. 6084, Mar. 27, 1933;
Aug. 23, 1935, ch. 614, Sec. 203(a), 49 Stat. 704; June 30, 1947, ch.
166, title I, Sec. 1, title II, Sec. 206(a), 61 Stat. 202, 208; May 25,
1948, ch. 334, Sec. 5, 62 Stat. 265, exempted the Reconstruction Finance
Corporation from all federal and local taxation except on real property,
which Corporation was abolished by section 6 of Reorg. Plan No. 1 of
1957, eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 647. Reorg. Plan No. 1
of 1957 is set out preceding section 601 of this title.
Section 607a, act Jan. 31, 1935, ch. 2, Sec. 13, 49 Stat. 5, related
to use of receipts from sale of securities. It was repealed by act of
June 30, 1947, ch. 166, title II, Sec. 206(m), 61 Stat. 208.
Section 608, acts Jan. 22, 1932, ch. 8, Sec. 9, 47 Stat. 9; July 21,
1932, ch. 520, Sec. 204, 47 Stat. 714; Mar. 4, 1939, ch. 4, 53 Stat.
510; June 30, 1947, ch. 166, title I, Sec. 1, title II, Sec. 206(a), 61
Stat. 202, 208; 1951 Reorg. Plan No. 1, Secs. 1, 5, 9, eff. May 1, 1951,
16 F.R. 3690, 65 Stat 773, 774, provided for the possible premature
liquidation of the Reconstruction Finance Corporation, which Corporation
was abolished by section 6 of Reorg. Plan No. 1 of 1957, eff. June 30,
1957, 22 F.R. 4633, 71 Stat. 647. Reorg. Plan No. 1 of 1957 is set out
preceding section 601 of this title.
Section 609, acts Jan. 22, 1932, ch. 8, Sec. 10, 47 Stat. 9; July
21, 1932, ch. 520, Sec. 209, 47 Stat. 715; June 10, 1941, ch. 190,
Sec. 3, 55 Stat. 248; June 30, 1947, ch. 166, title I, Sec. 1, title II,
Sec. 206(a), 61 Stat. 202, 208; 1951 Reorg. Plan No. 1, Secs. 1, 5, 9,
eff. May 1, 1951, 16 F.R. 3690, 65 Stat. 773, 774; June 29, 1954, ch.
410, Sec. 2(a), 68 Stat. 320, transferred from the Administrator to the
Secretary of the Treasury the duty of completing the liquidation of the
Reconstruction Finance Corporation after June 30, 1954, which
Corporation was abolished by section 6 of Reorg. Plan No. 1 of 1957,
eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 647. Reorg. Plan No. 1 of
1957 is set out preceding section 601 of this title.
Section 609a, act July 21, 1932, ch. 520, Sec. 205(a), 47 Stat. 714,
increased the amount of obligations the Corporation could have
outstanding, to six and three-fifths times its capital stock. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(a), 61
Stat. 208.
Section 609a-1, act June 22, 1946, ch. 445, Sec. 1, 60 Stat. 294,
was from the Department of Agriculture Appropriation Act, 1947, and
increased by $50,000,000 the amount of obligations the Corporation could
issue or have outstanding.
Section 609b, act June 16, 1933, ch. 90, title III, Sec. 302, 48
Stat. 210, decreased by $400,000,000 the amount of obligations the
Corporation could have outstanding. It was repealed by act of June 30,
1947, ch. 166, title II, Sec. 206(c), 61 Stat. 208.
Section 609b-1, formerly 609bb, act Jan. 20, 1934, ch. 3, Sec. 3, 48
Stat. 319, increased by $850,000,000 the amount of obligations the
Corporation could have outstanding. It was repealed by act of June 30,
1947, ch. 166, title II, Sec. 206(g), 61 Stat. 208.
Section 609c, act May 12, 1933, ch. 25, title II, Sec. 38, 48 Stat.
50, increased by $300,000,000 the amount of obligations the Corporation
could have outstanding, to provide funds for agricultural credits. It
was repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(c), 61
Stat. 208.
Section 609c-1, act May 12, 1933, ch. 30, Sec. 2(b), 48 Stat. 56,
increased by $500,000,000 the Corporation's authority to issue notes,
debentures, etc.
Section 609d, act June 19, 1934, ch. 648, title II, Sec. 1, 48 Stat.
1056; Reorg. Plan No. 1 of 1939, Secs. 301, 305, eff. July 1, 1939, 4
F.R. 2729, 2730, 53 Stat. 1426, 1428, increased by $250,000,000 the
amount of obligations the Corporation could have outstanding, to
purchase securities from the Public Works Administration. It was
repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(j), 61
Stat. 208.
Section 609e, act June 29, 1937, 11 p.m., ch. 401, Sec. 202, 50
Stat. 357; Reorg. Plan No. I of 1939, Secs. 301, 305, eff. July 1, 1939,
4 F.R. 2729, 2730, 53 Stat. 1426, 1428, increased to $400,000,000 the
amount the Corporation could invest in securities purchased from the
Public Works Administration. It was repealed by act of June 30, 1947,
ch. 166, title II, Sec. 206(j), 61 Stat. 208.
Section 609f, act Feb. 24, 1938, ch. 32, Sec. 2, 52 Stat. 80,
reduced the amount of outstanding obligations authorized under former
section 611a of this title, by the amount of notes authorized to be
cancelled pursuant to section. Section was not enacted as a part of the
Reconstruction Finance Corporation Act which comprises this chapter.
Section 609g, act June 25, 1940, ch. 421, Sec. 1, 54 Stat. 565,
authorized an additional $50,000,000.
Section 609h, act June 25, 1940, ch. 421, Sec. 1, 54 Stat. 567,
authorized an additional $100,000,000.
Section 609i, act June 26, 1940, ch. 432, Sec. 2(c), 54 Stat. 614,
authorized Corporation to advance to Secretary of Agriculture upon his
request an amount not to exceed $125,000,000.
Section 609j, act Jan. 22, 1932, ch. 8, Sec. 5d, as added June 19,
1934, ch. 653, Sec. 5, 48 Stat. 1108; amended Sept. 26, 1940, ch. 734,
Sec. 2, 54 Stat. 962, authorized an additional $1,500,000,000, and was
omitted by act June 30, 1947, ch. 166, title I, Sec. 1, 61 Stat. 202,
which generally amended the Reconstruction Finance Corporation Act, act
Jan. 22, 1932, ch. 8, 47 Stat. 5.
Section 609k, act June 27, 1934, ch. 847, title VI, Sec. 602, as
added Mar. 28, 1941, ch. 31, 55 Stat. 55, authorized an additional
amount of $10,000,000 to be used for the Defense Housing Insurance Fund.
It was repealed by act of June 30, 1947, ch. 166, title II, Sec. 206(l),
61 Stat. 208.
Sections 609l, 609m, and 609n, act July 1, 1941, ch. 267, Sec. 1, 55
Stat. 439, 440, 442, authorized an additional $270,000,000.
Section 609o, act June 10, 1941, ch. 190, Sec. 5, 55 Stat. 250,
authorized an additional $1,500,000,000. It was repealed by act of June
30, 1947, ch. 166, title II, Sec. 206(v), 61 Stat. 209.
Section 609p, act Oct. 23, 1941, ch. 454, 55 Stat. 744, authorized
an additional $1,500,000,000. It was repealed by act of June 30, 1947,
ch. 166, title II, Sec. 206(w), 61 Stat. 209.
Section 609q, act Mar. 27, 1942, ch. 198, Sec. 3, 56 Stat. 176,
authorized an additional $2,500,000,000. It was repealed by act of June
30, 1947, ch. 166, title II, Sec. 206(x), 61 Stat. 209.
Section 609r, act June 5, 1942, ch. 352, 56 Stat. 326, authorized an
additional $5,000,000,000. It was repealed by act of June 30, 1947, ch.
166, title II, Sec. 206(y), 61 Stat. 209.
Sections 609s to 609u, act July 22, 1942, ch. 516, 56 Stat. 695,
697, 698, authorized an additional $140,000,000.
Section 609v, acts July 12, 1943, ch. 215, 57 Stat. 426; June 28,
1944, ch. 296, 58 Stat. 456; May 5, 1945, ch. 109, 59 Stat. 160,
authorized an indefinite amount to carry out certain provisions of
section.
Section 609w, acts July 12, 1943, ch. 215, 57 Stat. 428; June 28,
1944, ch. 296, 58 Stat. 457, authorized an additional $15,000,000.
Section 609x, act June 28, 1944, ch. 296, 58 Stat. 458, authorized
an additional $25,000,000.
Section 609y, act May 5, 1945, ch. 109, 59 Stat. 162, authorized an
additional $50,000,000.
Section 609z, act June 22, 1946, ch. 445, 60 Stat. 293, authorized
an additional $70,000,000.
Section 610, acts Jan. 22, 1932, ch. 8, Sec. 11, 47 Stat. 10; June
30, 1947, ch. 166, title I, Sec. 1, 61 Stat. 202, relating to penalties
for false statements, etc., is now covered by sections 493, 657, 709,
1006, 1014, and 1904 of Title 18, Crimes and Criminal Procedure. It was
repealed by act of May 24, 1949, ch. 139, Sec. 142, 63 Stat. 109, and
Sept. 6, 1966, Pub. L. 89-554, Sec. 8(a), 80 Stat. 654.
Section 611, acts Jan. 22, 1932, ch. 8, Sec. 12, 47 Stat. 10; June
30, 1947, ch. 166, title I, Sec. 1, 61 Stat. 202, authorized the
Reconstruction Finance Corporation to exercise functions, powers, etc.,
of certain dissolved corporations, which Corporation was abolished by
section 6 of Reorg. Plan No. 1 of 1957, eff. June 30, 1957, 22 F.R.
4633, 71 Stat. 647. Reorg. Plan No. 1 of 1957 is set out preceding
section 601 of this title.
Section 611a, act Feb. 24, 1938, ch. 32, Sec. 1, 52 Stat. 79,
provided for the cancellation of notes of the Reconstruction Finance
Corporation by the Secretary of the Treasury, which Corporation was
abolished by section 6 of Reorg. Plan No. 1 of 1957, eff. June 30, 1957,
22 F.R. 4633, 71 Stat. 647. Reorg. Plan No. 1 of 1957 is set out
preceding section 601 of this title.
Section 611a-1, act Jan. 31, 1942, ch. 30, 56 Stat. 40, related to
the disposition by the Secretary of the Treasury of county, municipal,
and other securities transferred from the Reconstruction Finance
Corporation, which Corporation was abolished by section 6 of Reorg. Plan
No. 1 of 1957, eff. June 30, 1957, 22 F.R. 4633, 71 Stat. 647. Reorg.
Plan No. 1 of 1957 is set out preceding section 601 of this title.
Section 611b, act Feb. 24, 1938, ch. 32, Sec. 3, 52 Stat. 80,
related to the transfer of repayments or recoveries to the general fund
of the Treasury.
Section 612, act Jan. 22, 1932, ch. 8, Sec. 12, 47 Stat. 10,
authorized the Corporation to be a depositary of public moneys, and was
not covered in act June 30, 1947, ch. 166, title I, Sec. 1, 61 Stat.
202, which generally amended the Reconstruction Finance Corporation Act,
act Jan. 22, 1932, ch. 8, 47 Stat. 5.
Section 613, act Jan. 22, 1932, ch. 8, Sec. 13, 47 Stat. 10,
provided for the liquidation of the Corporation by the directors, and
was covered by section 9 of act Jan. 22, 1932, as amended by act June
30, 1947, ch. 166, title I, Sec. 1, 61 Stat. 202, and set out as section
608 of this title.
Sections 613a, 613b, acts Jan. 20, 1934, ch. 3, Sec. 1, 48 Stat.
318; Jan. 31, 1935, ch. 2, Sec. 1, 49 Stat. 1 which, extended the time
for liquidation of the Corporation pursuant to former section 613 of
this title, were repealed by act of June 30, 1947, ch. 166, title II,
Sec. 206(i), (m), 61 Stat. 208.
Section 613c, acts Jan. 26, 1937, ch. 6, Sec. 1, 50 Stat. 5; Mar. 4,
1939, ch. 4, 53 Stat. 510; June 25, 1940, ch. 427, Sec. 6(a), 54 Stat.
574, further extended the time for liquidation of the Corporation and
provided for suspension of lending authority by districts. Act Aug. 7,
1946, ch. 811, Sec. 1, 60 Stat. 901, which also amended act Jan. 26,
1937, was repealed by act June 30, 1947, ch. 166, title II, Sec. 206(q),
(z), 61 Stat. 209.
Section 614, acts Jan. 22, 1932, ch. 8, Sec. 14, 47 Stat. 10; June
25, 1940, ch. 427, Sec. 6(b), 54 Stat. 574, relating to completion of
liquidation of the Corporation by Secretary of Treasury, was omitted by
act June 30, 1947, ch. 166, title I, Sec. 1, 61 Stat. 202, which
generally amended the Reconstruction Finance Corporation Act, act Jan.
22, 1932, ch. 8, 47 Stat. 5. Act Aug. 7, 1946, ch. 811, Sec. 1, 60 Stat.
901, which also amended section 14 of act Jan. 22, 1932, was repealed by
section 206(z) of act June 30, 1947.
Section 615, act Jan. 22, 1932, ch. 8, Sec. 15, 47 Stat. 11,
relating to reports to Congress, was omitted by act June 30, 1947, ch.
166, title I, Sec. 1, 61 Stat. 202, which generally amended the
Reconstruction Finance Corporation Act, act Jan. 22, 1932, ch. 8, 47
Stat. 5.
Section 616, act Jan. 22, 1932, ch. 8, Sec. 16, 47 Stat. 11, related
to false statements, forgery, embezzlement, and use of words
``Reconstruction Finance Corporation'', and is now covered by sections
433, 493, 657, 709, 1006, 1014, and 1904 of Title 18, Crimes and
Criminal Procedure.
