Oversight Hearings on National Development Bank Legislation: Hearings Before the Subcommittee on General Oversight and Renegotiation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-sixth Congress, Second Session, on H.R. 7902 ... September 10, 18, and 24, 1980U.S. Government Printing Office, 1980 - 220 pages |
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Page 10
... amounts designated by the Board of Directors up to 9 a total of $ 5,000,000,000 , to the extent such sums are pro- 10 vided in advance in appropriations acts . 11 12 BORROWING AUTHORITY SEC . 10. ( 1 ) The Bank may issue notes ... amount 10.
... amounts designated by the Board of Directors up to 9 a total of $ 5,000,000,000 , to the extent such sums are pro- 10 vided in advance in appropriations acts . 11 12 BORROWING AUTHORITY SEC . 10. ( 1 ) The Bank may issue notes ... amount 10.
Page 11
... amount thereof and 2 thereupon to the extent of the amount so paid by the Secre- 3 tary of the Treasury shall succeed to all the rights of the 4 holder of the obligations . 5 6 PURCHASE OF ASSETS BY TREASURY SEC . 11. The Secretary of ...
... amount thereof and 2 thereupon to the extent of the amount so paid by the Secre- 3 tary of the Treasury shall succeed to all the rights of the 4 holder of the obligations . 5 6 PURCHASE OF ASSETS BY TREASURY SEC . 11. The Secretary of ...
Page 15
... amounts of the loans 5 outstanding at any time with respect to which guarantees 6 have been made under this section shall not exceed 7 $ 5,000,000,000 . 8 9 DIRECT LOANS SEC . 20. To carry out the purposes of this Act , the 10 Bank may ...
... amounts of the loans 5 outstanding at any time with respect to which guarantees 6 have been made under this section shall not exceed 7 $ 5,000,000,000 . 8 9 DIRECT LOANS SEC . 20. To carry out the purposes of this Act , the 10 Bank may ...
Page 22
... amount , only $ 530 million , or 25 percent , repre- sents federally - funded projects which for the most part are ear- marked for transit- $ 350 million - and construction of water pollu- tion control plants- $ 143 million . As a ...
... amount , only $ 530 million , or 25 percent , repre- sents federally - funded projects which for the most part are ear- marked for transit- $ 350 million - and construction of water pollu- tion control plants- $ 143 million . As a ...
Page 27
... amount of their resources for nonfundamental bank charter purposes . For instance , I remember the figure . It was very high in the resources they were diverting for purchasing other banks , acquiring other banks . Mayor KOCH . And ...
... amount of their resources for nonfundamental bank charter purposes . For instance , I remember the figure . It was very high in the resources they were diverting for purchasing other banks , acquiring other banks . Mayor KOCH . And ...
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Expressions et termes fréquents
Administration agencies Agriculture by Reorg amended amount ANNUNZIO appointed approval areas assets assistance audit bill billion Board of Directors bonds borrowed capital stock Chairman MINISH commerce Committee Commodity Credit Corporation Congress Congressman Corporation's debt Defense Defense Plant Corporation Defense Production Act economic development employees employment establish Eurodollar EXCEPTIONS FROM TRANSFER facilities Federal Loan Administrator Federal Reserve financial institutions FUNCTIONS For exception Functions note set funds GONZALEZ Government corporation GREEN INFRASTRUCTURE interest rates investment issued January 22 June 29 June 30 LAROCCO legislation lending liquidation loan guarantee Mayor KOCH ment mortgage National Development Bank obligations operations percent President problems production purchase purpose railroads Reconstruction Finance Corporation RFC's Rubber Secretary MILLER Secretary of Agriculture securities Small Business Administration small businesses subcommittee subsidiaries Thank thereof tion TRANSFER OF FUNCTIONS Treasury United urban War Finance Corporation
Fréquemment cités
Page 55 - If any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Page 54 - Whoever makes any statement knowing It to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or for any applicant any loan, or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release, or substitution of security therefor, or for the purpose of Influencing In any way the action of the...
Page 69 - That the management of the Corporation shall be vested in a board of directors, consisting of...
Page 60 - The representatives of the General Accounting Office shall have access to nil books, accounts, financial records, reports, files, and all other papers...
Page 55 - States (USC title 18, ch. 5, sees. 202 to 207, inclusive), in so far as applicable, are extended to apply to contracts or agreements with the corporation under this act, which for the purposes...
Page 48 - America for or on account of such stock shall be issued by the corporation to the Secretary of the Treasury and shall be evidence of the stock ownership of the United States of America.
Page 49 - SEC. 4. The corporation shall have succession for a period of ten years from the date of the enactment hereof, unless it is sooner dissolved by an act of Congress. It shall have power to adopt, alter, and use a corporate seal ; to make contracts ; to lease such real estate as may be necessary for the transaction of its business ; to sue and be...
Page 53 - The corporation, including its franchise, its capital, reserves and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency or possession thereof, or by any State, county, municipality or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 67 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 66 - ... bylaws, rules, and regulations governing the manner in which its business may be conducted and the powers vested in it may be exercised...