Title 15 — Commerce and TradeRelease 119-73not60
§77bb “corporation of Foreign Security Holders”; Creation; Principal Office; Branch Offices
Title 15 › Chapter 2A— SECURITIES AND TRUST INDENTURES › Subchapter II— FOREIGN SECURITIES › § 77bb
Summary
Creates the "Corporation of Foreign Security Holders" to protect holders of defaulted foreign securities; main office in D.C.; the board may open U.S. branches.
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 15 — Commerce and Trade
Last Updated
Apr 3, 2026
Release point: 119-73not60