Federal Government Corporations
Galbraith calls for “the educational and scientific estate” – the intellectuals, the universities, etc. – to act so that the needs and goals of the industrial system do not swamp everything else. Government-owned corporations provide commercial business on behalf of the government. The Pear Products’ team depends upon Amtrak, a national train service, to commute to work in New York City daily. Businesses also have defined relationships with government corporations, which usually exist in a natural monopoly situation or due to the country’s infrastructure.
Each surety bond shall be approved by the official of the Government required to approve or accept the bond. The official may not require that the surety bond be given through a guaranty corporation or through any particular guaranty corporation. The International Banking Act of 1978, referred to in subsec.
The USEC transition process highlighted, however, one of the perennial problems in privatization efforts. Congress may intend a corporation to be private, but it also may want the corporation to continue to be involved in public policy implementation. In this instance, Congress wanted the corporation to participate in implementing a foreign policy objective, which was to purchase at above market rates a substantial amount of Russian enriched uranium otherwise destined for Russian weapons. Under the HEU agreement, the USEC received enriched uranium from Russian nuclear weapons and, in addition to its payment for the material, returned an equivalent amount of natural uranium to Russia to sell on the world market.
The Securities and Exchange Commission ensures that Pear Products acts ethically towards investors as it requires companies that sell stocks to file appropriate paperwork about their company. In addition, the commission will protect Pear Products’ consumers from any fraudulent activities through legal means. 107–296 effective 60 days after Nov. 25, 2002, see section 4 of Pub.
Amounts transferred by the Attorney General pursuant to section 524 of title 28, or by the Postmaster General pursuant to section 2003 of title 39, and deposited into the Fund pursuant to subsection , shall be available for Federal law enforcement related purposes of the Department of the Treasury law enforcement organizations. The Director of the Office of Management and Budget shall designate not less than five agencies as pilot projects in managerial accountability and flexibility for fiscal years 1995 and 1996. Such agencies shall be selected from those designated as pilot projects under section 1118 and shall reflect a representative range of Government functions and capabilities in measuring and reporting program performance. In performing this function, the Secretary shall also be responsible for consulting with the Comptroller General.
This definition holds only for “the purpose of this title,” i.e., Title 5 of the U.S. As a general proposition, the attorney general is vested with central control over the litigation to which the U.S. government is a party. In addition to the enumeration of corporations in the GCCA, there have been several other listings of corporations available, each different and based upon the definition employed by the compiler. This report will be updated in the event of a significant development.
Government corporations are companies that exist in the private sector, but are owned by government, such as Sallie Mae. In subsection , before clause , the words “the district in which the surety bond is given” are substituted for “such district”, and the words “a civil action against the corporation” are substituted for “such suit”, for clarity and consistency. The words “with like effect as upon an agent appointed by the company” are omitted as unnecessary. The words “official serving” are substituted for “officer executing such” for consistency. Clause is substituted for “state such fact in his return” for clarity.
Neither the House nor the Senate have single committees with the responsibility to oversee all government corporations. Instead, each corporation is overseen by the committee with jurisdiction over its policy area. A quasi-public corporation is a private company that is backed by a branch of government with a public mandate to provide a given service. In McCready v. Nicholson, 465 F.3d 1, (D.C. Cir. 2006), the D.C. 2d at (relying on McCready v. Nicholson to conclude that the system of records requirement did not apply to plaintiffs’ claim under subsections and ), aff’d in part, rev’d in part & remanded, on other grounds, 711 F.3d 161 (D.C. Cir. 2013).
97–452, set out as a note under section 3331 of this title. Subsections and of this section do not apply to the Federal Intermediate Credit Banks, the Central Bank for Cooperatives, the Regional Banks for Cooperatives, and the Federal Land Banks. In subsection , the words “Secretary of the Treasury” are substituted for “Treasurer of the United States” because of the source provisions restated in section 321 of the revised title. The words “wholly owned and mixed-ownership” and “under such conditions as he may determine” are omitted as surplus.