12-U.S.C.-4709

12-U.S.C.-4709

§4709 – Encouragement of Private Entities

Pathway

Title 12 > Chapter 47 > Subchapter I > Section 4709

Details

  • Reference: Section 4709
  • Legend: §4709 – Encouragement of Private Entities
  • USCode Year: 2013

Provision Content

The Fund may facilitate the organization of corporations in which the Federal Government has no ownership interest. The purpose of any such entity shall be to assist community development financial institutions in a manner that is complementary to the activities of the Fund under this subchapter. Any such entity shall be managed exclusively by persons not employed by the Federal Government or any agency or instrumentality thereof, or by any State or local government or any agency or instrumentality thereof.

(Pub. L. 103–325, title I, §110, Sept. 23, 1994, 108 Stat. 2177.)

U.S. Encyclopedia of Law Coverage

12-U.S.C.-4638 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-4638, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-531 in the Legal Encyclopedia: Banks

In this entry about 12-U.S.C.-531, find legal reference material, bibliographies and premiere content related to banks in the American Encyclopedia of Law, presenting a comprehensive view of the United States banks-specific issues, written by authorities in the field.

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