Title 15Commerce and TradeRelease 119-73

§77bb “Corporation of Foreign Security Holders”; creation; principal office; branch offices

Title 15 › Chapter CHAPTER 2A— - SECURITIES AND TRUST INDENTURES › Subchapter SUBCHAPTER II— - FOREIGN SECURITIES › § 77bb

Last updated Apr 6, 2026|Official source

Summary

The Corporation of Foreign Security Holders is created to protect owners of foreign securities that are in default. Main office in the District of Columbia; the board may open branches in any U.S. city.

Full Legal Text

Title 15, §77bb

Commerce and Trade — Source: USLM XML via OLRC

For the purpose of protecting, conserving, and advancing the interests of the holders of foreign securities in default, there is hereby created a body corporate with the name “Corporation of Foreign Security Holders” (herein called the “Corporation”). The principal office of the Corporation shall be located in the District of Columbia, but there may be established agencies or branch offices in any city or cities of the United States under rules and regulations prescribed by the board of directors.

Reference

Citations & Metadata

Citation

15 U.S.C. § 77bb

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73