Title 15 — Commerce and TradeRelease 119-73not60
§714o Dissolution of Delaware Corporation
Title 15 › Chapter 15— ECONOMIC RECOVERY › Subchapter II— COMMODITY CREDIT CORPORATION › § 714o
Summary
Secretary of Agriculture must dissolve Commodity Credit Corporation—U.S. sole shareholder—under Delaware law, and the corporation must pay the costs.
Full Legal Text
Title 15, §714o
Commerce and Trade — Source: USLM XML via OLRC
The Secretary of Agriculture, representing the United States as the sole owner of the capital stock of Commodity Credit Corporation, a Delaware corporation, is authorized and directed to institute or cause to be instituted such proceedings as are required for the dissolution of said Corporation under the laws of the State of Delaware. The costs of such dissolution of said Corporation shall be borne by the Corporation.
Legislative History
Notes & Related Subsidiaries
Executive Documents
Exceptions From
Transfer of Functions
For exception of functions of corporations of Department of Agriculture from
Transfer of Functions
to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From
Transfer of Functions
note set out under section 712a of this title.
Reference
Citations & Metadata
Citation
15 U.S.C. § 714o
Title 15 — Commerce and Trade
Last Updated
Apr 3, 2026
Release point: 119-73not60