When the President considers it practicable and in the public interest, the President shall include in the budget submitted to Congress under section 1105 of this title a recommendation that a wholly owned Government corporation be deemed to be an agency (except a corporation) under chapter 11 of this title and for fiscal matters. If Congress approves the recommendation, the corporation is deemed to be an agency (except a corporation) under chapter 11 and for fiscal matters for fiscal years beginning after the fiscal year of approval and is not subject to this chapter. The corporate entity is not affected by this section.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1045.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
9109 | 31:852. | Dec. 6, 1945, ch. 577, §107, 59 Stat. 599. |
Sections: Previous 9102 9103 9104 9105 9106 9107 9108 9109 9110 9301 9302 9303 9304 9305 9306 Next
Last modified: October 26, 2015