15-U.S.C.-714N

15-U.S.C.-714N

§714N – Transfer of Assets of Commodity Credit Corporation, A Delaware Corporation

Pathway

Title 15 > Chapter 15 > Subchapter II > Section 714n

Details

  • Reference: Section 714n
  • Legend: §714N – Transfer of Assets of Commodity Credit Corporation, A Delaware Corporation
  • USCode Year: 2013

Provision Content

The assets, funds, property, and records of Commodity Credit Corporation, a Delaware corporation, are transferred to the Corporation. The rights, privileges, and powers, and the duties and liabilities of Commodity Credit Corporation, a Delaware corporation, in respect to any contract, agreement, loan, account, or other obligation shall become the rights, privileges, and powers, and the duties and liabilities, respectively, of the Corporation. The enforceable claims of or against Commodity Credit Corporation, a Delaware corporation, shall become the claims of or against, and may be enforced by or against, the Corporation: Provided, That nothing in this subchapter shall limit or extend any period of limitation otherwise applicable to such claims against the Corporation.

(June 29, 1948, ch. 704, §16, 62 Stat. 1075.)

Exceptions From Transfer of Functions

For exception of functions of corporations of Department of Agriculture from transfer of functions to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title.

U.S. Encyclopedia of Law Coverage

15-U.S.C.-713A-7 in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-713A-7, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

15-U.S.C.-714L in the Legal Encyclopedia: Economic Recovery

In this entry about 15-U.S.C.-714L, find legal reference material, bibliographies and premiere content related to economic recovery in the American Encyclopedia of Law, presenting a comprehensive view of the United States economic recovery-specific issues, written by authorities in the field.

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