31 U.S.C. § 9109
Exclusion of a wholly owned Government corporation from this chapter
United States · Title 31 — MONEY AND FINANCE · Status: effective
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- Citation
- 31 U.S.C. § 9109, Exclusion of a wholly owned Government corporation from this chapter, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/467949
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Full text
When the President considers it practicable and in the public interest, the President shall include in the budget submitted to Congress under section 1105 of this title a recommendation that a wholly owned Government corporation be deemed to be an agency (except a corporation) under chapter 11 of this title and for fiscal matters. If Congress approves the recommendation, the corporation is deemed to be an agency (except a corporation) under chapter 11 and for fiscal matters for fiscal years beginning after the fiscal year of approval and is not subject to this chapter. The corporate entity is not affected by this section.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- A bill to revise, codify, and enact without substantive change certain general and permanent laws, related to money and finance, as title 31, United States Code, "Money and Finance".House: no recorded tallySenate: no recorded tally