Title 42The Public Health and WelfareRelease 119-90

§7403 Termination of the Corporation.

Title 42 › Chapter 95— UNITED STATES SYNTHETIC FUELS CORPORATION › Subchapter X— TERMINATION OF CORPORATION › § 7403

Last updated May 14, 2026|Official source

Summary

Within 60 days after the law took effect on April 7, 1986, the Corporation’s directors must stop their duties under the Energy Security Act and be released from those duties. Within 120 days after April 7, 1986, the Corporation must close down, except where this subtitle says otherwise, and follow the ending procedures in subtitle J of part B of title I of the Energy Security Act (42 U.S.C. 8791–8793).

Full Legal Text

Title 42, §7403

The Public Health and Welfare — Source: USLM XML via OLRC

“(a)Within 60 days of the date of enactment of this Act [Apr. 7, 1986], the Directors of the Corporation shall terminate their duties under the Energy Security Act [Pub. L. 96–294; see Short Title note set out under section 8801 of this title] and be discharged.
“(b)Within 120 days of the date of enactment of this Act [Apr. 7, 1986], the Corporation shall terminate, except as otherwise provided in this subtitle, in accordance with subtitle J of part B of title I of the Energy Security Act [42 U.S.C. 8791 to 8793].

Reference

Citations & Metadata

Citation

42 U.S.C. § 7403

Title 42The Public Health and Welfare

Last Updated

May 14, 2026

Release point: 119-90