The President may transfer to the Administration any functions, powers, and duties of any department or agency which relate primarily to small-business problems. In connection with any such transfer, the President may provide for appropriate transfers of records, property, necessary personnel, and unexpended balances of appropriations and other funds available to the department or agency from which the transfer is made.
(Pub. L. 85–536, §2[12], July 18, 1958, 72 Stat. 394.)
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Last modified: October 26, 2015