Title 31, Money and FinanceRelease 119-102
§9102 Establishing and Acquiring Corporations
Title 31 › SUBTITLE VI — MISCELLANEOUS › CHAPTER 91 — GOVERNMENT CORPORATIONS › § 9102
Summary
A federal agency can set up or buy a corporation to serve as the agency. It must have a specific U.S. law that gives permission to do so.
Full Legal Text
Title 31, §9102
Money and Finance, Source: USLM XML via OLRC
An agency may establish or acquire a corporation to act as an agency only by or under a law of the United States specifically authorizing the action.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 910231:869(a).Dec. 6, 1945, ch. 557, § 304(a), 59 Stat. 602. The word “agency” is substituted for “officer or agency of the Federal Government or by any Government corporation” and “agency or instrumentality of the United States” because of section 101 of the revised title, for consistency, and because a Government corporation is an “instrumentality of the United States Government”. The word “establish” is substituted for “created, organized” to eliminate unnecessary words. The words “on or after December 6, 1945” are omitted as executed. The words “law of the United States” are substituted for “Act of Congress” for consistency.
Reference
Citations & Metadata
Citation
31 U.S.C. § 9102
Title 31, Money and Finance
Last Updated
Aug 21, 2026
Release point: 119-102