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TITLE 26 Internal Revenue
Bureau of Internal Revenue, Department of the Treasury
United States Processing Tax Board of Review, Department of the
United States Board of Tax Appeals
I Federal Alcohol Administration, Department of the Treasury
TITLE 27-Intoxicating Liquors
TITLE 28-Judicial Administration
I Department of Justice
SUBTITLE A-Office of the Secretary of Labor
United States Employment Service, Department of Labor
National Railroad Adjustment Board
TITLE 30-Mineral Resources
I Bureau of Mines, Department of the Interior
III National Bituminous Coal Commission, Department of the Interior
TITLE 31-Money and Finance: Treasury
SUBTITLE A-Office of the Secretary of the Treasury
Monetary Offices, Department of the Treasury
Office of the Commissioner of Accounts and Deposits, Department of the
III Public Debt Service, Department of the Treasury
IV Secret Service, Department of the Treasury
TITLE 32-National Defense
National Munitions Control Board, Department of State
Coast Guard, Department of the Treasury
II Corps of Engineers, War Department
III Bureau of Marine Inspection and Navigation, Department of Commerce IV Bureau of Lighthouses, Department of Commerce
V Coast and Geodetic Survey, Department of Commerce
National Park Service, Department of the Interior
II Forest Service, Department of Agriculture
TITLE 37-Patents and Copyrights
I Patent Office, Department of Commerce
TITLE 38-Pensions, Bonuses, and Veterans' Relief
I Veterans' Administration
TITLE 39-Postal Service
I Post Office Department
I Federal Prison Industries, Inc.
TITLE 41-Public Contracts
I Procurement Division, Department of the Treasury
TITLE 42-Public Health
I United States Public Health Service, Department of the Treasury
III St. Elizabeths Hospital, Department of the Interior
IV Freedmen's Hospital, Department of the Interior
TITLE 43-Public Lands: Interior
SUBTITLE A-Office of the Secretary of the Interior
General Land Office, Department of the Interior
I Bureau of Marine Inspection and Navigation, Department of Commerce II United States Maritime Commission
I Federal Communications Commission
TITLE 48-Territories and Insular Possessions
Division of Territories and Island Possessions, Department of the Interior II Puerto Rico Reconstruction Administration, Department of the Interior
TITLE 49-Transportation and Railroads
I Interstate Commerce Commission
I Bureau of Biological Survey, Department of Agriculture (including Alaska Game Commission)
II Bureau of Fisheries, Department of Commerce
III International Fisheries Commission
TITLE 13-BUSINESS CREDIT
CHAPTER I-RECONSTRUCTION FINANCE CORPORATION
1 Banks and other financial institu- 13 Loans to industry tions; loans
2 Railroads and railroad receivers;
6 Banks and trust companies; sub-
8 Insurance companies; subscriptions
10 Agricultural commodity loans under Emergency Relief and Construction Act, 1932
14 Mining loans
15 Loans to business enterprises in cooperation with banks
16 Loans to incorporated managing agencies of farmers' cooperative mineral rights pools
Loans to the fishing industry
in connection with public schools
Commodity Credit Corporation: See Agricultural Credit, 6 CFR Chapter II.
Home Owners' Loan Corporation: See Housing Credit, 24 CFR Chapter IV.
U. S. Housing Authority, Department of the Interior: See Housing Credit, 24 CFR Chapter VI.
Information regarding loans for flood relief, Reconstruction Finance Corporation. Aug. 1935. (Circ. 19) Information regarding loans to public agencies under section 5d of the Reconstruction Finance Corporation Act, as amended, Reconstruction Finance Corporation. Apr. 1938. (Circ. 22)
Information regarding subscriptions for preferred stock and purchases of capital notes or debentures of trust companies and loans to trust companies and mortgage loan companies engaged in the business of lending upon real estate, Reconstruction Finance Corporation. Oct. 1934. (Circ. 18)
Reconstruction Finance Corporation, its powers and functions. Rev., Aug. 1938.
For list of abbreviations used in this chapter, see note to § 1.1.
Page 1 
PART 1-BANKS AND OTHER FINANCIAL
1.1 Statutory provisions.
1.2 Eligible borrowers.
1.3 Maturities and interest rates. 1.4 Security.
1.5 Form of obligation.
1.6 Limitations and conditions.
Section 1.1 Statutory provisions. For the information of applicants, pertinent sections of the Reconstruction Finance Corporation Act (47 Stat. 5; 15 U.S.C. Chapter 14), applicable to loans, provide as follows:
SEC. 5. To aid in financing agriculture, commerce, and industry, including facilitating the exportation of agricultural and other products, the Corporation is authorized and empowered to make loans, upon such terms and conditions not inconsistent with this act as it may determine, to any bank, savings bank, trust company, building and loan association, insurance company, mortgage loan company, credit union, Federal land bank, joint-stock land bank, Federal intermediate credit bank, agricultural credit corporation, livestock credit corporation, organized under the laws of any State or of the United States, including loans secured by the assets of any bank that is closed, or in process of liquidation, to aid in the reorganization or liquidation of such banks, upon application of the receiver or liquidating agent of such bank, and any receiver of any national bank is hereby authorized to contract for such loans and to pledge any assets of the bank for securing the same: Provided, That not more than $200,000,000 shall be used for the relief of banks that are closed or in the process of liquidation. All loans made under the foregoing provisions shall be fully and adequately secured. The Corporation, under such conditions as it shall prescribe, may take over or provide for the administration and liquidation of any collateral accepted by it as security for such loans. Such loans may be made directly upon promissory notes or by way of discount or rediscount of obligations tendered for the purpose, or otherwise in such form and in such amount and at such interest or discount rates as the Corporation may approve: Provided, That no loans or advances shall be made upon foreign securities or foreign acceptances as collateral or for the purpose of assisting in the carrying or liquidation of such foreign securities and foreign acceptances. In no case shall the aggregate amount of advances made under this section to any one corporation and its subsidiary or affiliated organizations exceed at any one time 5 per centum of (1) the authorized capital stock of the Reconstruction Finance Corporation plus (2) the aggregate amount of bonds of the Corporation authorized to be outstanding when the capital stock is fully subscribed.
Each such loan may be made for a period not exceeding three years, and the Corporation may from time to time extend the time of payment of any such loan, through renewal, substitution of new obligations, or otherwise, but the time for such payment shall not be extended beyond five years from the date upon which such loan was made originally. Except as provided in section 5a hereof, no loan or advancement shall be made by the Corporation for the purpose of initiating, setting on foot, or financing any enterprise not initiated, set on foot, or undertaken prior to the adoption of this act: Provided, That the foregoing limitation shall not apply to loans made to agricultural or livestock credit corporations, or Federal land banks, joint-stock land banks, or Federal intermediate credit banks, nor to loans made to banks for the purpose of financing agricultural operations. The Corporation may make loans under this section at any time prior to the expiration of one year from the date of the enactment hereof; and the President may from time to time postpone such date of expiration for such additional period or periods as he may deem necessary, not to exceed two years from the date of the enactment hereof.