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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Notwithstanding any other provision of law, none of the establishments or agencies named in subsection (b) of this section shall, after June 30, 1937, incur any obligations for administrative expenses, except pursuant to an annual appropriation specifically therefor, nor shall any such establishment or agency continue to function after said date unless established by or pursuant to law: Provided, That nothing contained in this section shall be construed to extend the period during which any such establishment or agency heretofore has been authorized by law to function.
(b) 1. Repealed.Pub.L. 101-73, Title VII, § 741, Aug. 9, 1989, 103 Stat. 741; 2. Repealed. Pub.L. 101-73, Title VII, § 741, Aug. 9, 1989, 103 Stat. 741; 3. Federal Housing Administration; 4. Federal Surplus Commodities Corporation; 5. Export-Import Bank of the United States; 6. Second Export-Import Bank of Washington, District of Columbia; 7. Reconstruction Finance Corporation; 8. Electric Home and Farm Authority; 9. Commodity Credit Corporation; 10. Federal Emergency Administration of Public Works; 11. Repealed. Pub.L. 101-73, Title VII, § 741, Aug. 9, 1989, 103 Stat. 741; 12. Reconstruction Finance Mortgage Company.
Cite this article: FindLaw.com - 15 U.S.C. § 712a - U.S. Code - Unannotated Title 15. Commerce and Trade § 712a. Limitation of obligations for administrative expenses of certain agencies; limitation on life of certain agencies - last updated January 01, 2024 | https://codes.findlaw.com/us/title-15-commerce-and-trade/15-usc-sect-712a/
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