§ 77ii. — Subscriptions accepted by Corporation as loans; repayment.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC77ii]
TITLE 15--COMMERCE AND TRADE
CHAPTER 2A--SECURITIES AND TRUST INDENTURES
SUBCHAPTER II--FOREIGN SECURITIES
Sec. 77ii. Subscriptions accepted by Corporation as loans;
repayment
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, Sec. 208, 48 Stat. 95.)
