
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC714e]

 
                      TITLE 15--COMMERCE AND TRADE
 
                      CHAPTER 15--ECONOMIC RECOVERY
 
               SUBCHAPTER II--COMMODITY CREDIT CORPORATION
 
Sec. 714e. Capital stock; amount; interest

    The Corporation shall have a capital stock of $100,000,000 which 
shall be subscribed by the United States. Such subscription shall be 
deemed to be fully paid by the transfer of assets to the Corporation 
pursuant to section 714n of this title. The Corporation shall pay 
interest to the United States Treasury on the amount of its capital 
stock, and on the amount of the obligations of the Corporation purchased 
by the Secretary of the Treasury pursuant to the Act of March 8, 1938 
(U.S.C., title 15, sec. 713a-4), as amended, at such rates as may be 
determined by the Secretary of the Treasury to be appropriate in view of 
the terms for which such amounts are made available to the Corporation.

(June 29, 1948, ch. 704, Sec. 7, 62 Stat. 1072.)

                       References in Text

    Act of March 8, 1938, referred to in text, is act Mar. 8, 1938, ch. 
44, Secs. 1-5, 52 Stat. 107, which was classified to sections 713a-1 to 
713a-5 of this title. Sections 713a-1 and 713a-2 were repealed by Pub. 
L. 87-155, Sec. 1, Aug. 17, 1961, 75 Stat. 391, and section 713a-3 was 
omitted from the Code.

                  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.
