§ 1504a. — Capitalization of Corporation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1504a]
TITLE 7--AGRICULTURE
CHAPTER 36--CROP INSURANCE
Sec. 1504a. Capitalization of Corporation
The payment for capital stock in the Federal Crop Insurance
Corporation shall be effected by transfer of funds on the books of the
Treasury Department to the credit of the Corporation.
(June 27, 1940, ch. 437, title I, 54 Stat. 640.)
Codification
Section was not enacted as part of the Federal Crop Insurance Act
which comprises this chapter.
Transfer of Functions
Administration of program of Federal Crop Insurance Corporation
transferred to Secretary of Agriculture by 1946 Reorg. Plan No. 3,
Sec. 501, eff. July 16, 1946, 11 F.R. 7877, 60 Stat. 1100. See note set
out under section 1503 of this title.
Wartime consolidation of Federal Crop Insurance Corporation into
Agricultural Conservation and Adjustment Administration, see note set
out under section 1503 of this title.
