Legalize§ 77ii. Subscriptions accepted by Corporation as loans; repayment
§ 77ii. Subscriptions accepted by Corporation as loans; repayment
The Corporation may receive subscriptions from any person, foundation with a public purpose, or agency of the United States Government, and such subscriptions may, in the discretion of the board of directors, be treated as loans repayable when and as the board of directors shall determine.
(May 27, 1933, ch. 38, title II, § 208, 48 Stat. 95.)
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