§ 1841. Emergency Loan Guarantee Board; establishment; membership; voting
§ 1841. Emergency Loan Guarantee Board; establishment; membership; voting
There is created an Emergency Loan Guarantee Board (referred to in this chapter as the “Board”) composed of the Secretary of the Treasury, as Chairman, the Chairman of the Board of Governors of the Federal Reserve System, and the Chairman of the Securities and Exchange Commission. Decisions of the Board shall be made by majority vote.
(Pub. L. 92–70, § 2, Aug. 9, 1971, 85 Stat. 178.)
Statutory Notes and Related Subsidiaries
Short Title
Pub. L. 92–70, § 1, Aug. 9, 1971, 85 Stat. 178, provided that: “This Act [enacting this chapter] may be cited as the ‘Emergency Loan Guarantee Act’.”
Emergency Steel Loan Guarantees and Emergency Oil and Gas Guaranteed Loans
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