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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 714n Transfer of assets of Commodity Credit Corporation, a Delaware corporation us united_states_code code_section 15 COMMERCE AND TRADE 15 ECONOMIC RECOVERY 714n 15 U.S.C. § 714n current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s714n data/legal/raw/us/code/title-15/usc15.xml 120b86af1899e0b63edfcaa4b6abd79fdd7d9d3b35749d53cd9da2c0a36a6c97 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 d96b3a58e9859dc82fc0f937e8627e31d7a532a50a2f20e4f8bca10e69cca355 2026-07-04 official
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15 U.S.C. § 714n - Transfer of assets of Commodity Credit Corporation, a Delaware corporation

Text

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.)

Notes

Executive Documents

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.