Title 15, Commerce and TradeRelease 119-102
§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 a corporation called the Corporation of Foreign Security Holders to help people who own foreign securities that have gone into default. Its main office must be in Washington, D.C., and the board of directors may set up branch offices in other U.S. cities under rules it makes.
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
Aug 21, 2026
Release point: 119-102