§ 4709. Encouragement of private entities
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/usc/title-12/section-4709A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Fund may facilitate the organization of corporations in which the Federal Government has no ownership interest. The purpose of any such entity shall be to assist community development financial institutions in a manner that is complementary to the activities of the Fund under this subchapter. Any such entity shall be managed exclusively by persons not employed by the Federal Government or any agency or instrumentality thereof, or by any State or local government or any agency or instrumentality thereof.
(Pub. L. 103–325, title I, § 110, Sept. 23, 1994, 108 Stat. 2177.)
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- Pub. L. 103–325, title I, § 110
- 108 Stat. 2177
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§ 4709
Encouragement of private entities
Stat. Comp.×1
Pub. L.Pub. L. 103–325, title I, § 110
Stat.108 Stat. 2177
Cites 2Cited by 1 across 1 source