7 U.S. Code § 943 - Special provisions governing telephone bank as a Federal agency until conversion of ownership, control, and operation

Until the ownership, control, and operation of the telephone bank is converted as provided in section 950 (a) of this title and not thereafter—
(a) Supervision and direction of Secretary of Agriculture; free postage and priority of debts restrictions
the telephone bank shall be an agency of the United States and shall be subject to the supervision and direction of the Secretary of Agriculture (hereinafter called the Secretary): Provided, however, That the telephone bank shall at no time be entitled to transmission of its mail free of postage, nor shall it have the priority of the United States in the payment of debts out of bankrupt, insolvent, and decedents’ estates;
(b) Use of facilities and services of employees of Secretary of Agriculture
in order to perform its responsibilities under this subchapter, the telephone bank may partially or jointly utilize the facilities and the services of employees of the Secretary, without cost to the telephone bank;
(c) Wholly owned Government corporation
the telephone bank shall be subject to the provisions of chapter 91 of title 31, in the same manner and to the same extent as if it were included in the definition of “wholly owned Government corporation” as set forth in section 9101 of title 31;
(d) Appointment and compensation of personnel
the telephone bank may without regard to the civil service  [1] classification laws appoint and fix the compensation of such officers and employees of the telephone bank as it may deem necessary;
(e) Tort claims and litigation
the telephone bank shall be subject to the provisions of sections 517, 519, and 2679 of title 28.


[1]  So in original. The word “and” probably should appear after “civil service”.

Source

(May 20, 1936, ch. 432, title IV, § 403, as added Pub. L. 92–12, § 2,May 7, 1971, 85 Stat. 31; amended Pub. L. 103–354, title II, § 235(a)(9),Oct. 13, 1994, 108 Stat. 3221.)
Codification

In subsec. (c), “chapter 91 of title 31” and “section 9101 of title 31” substituted for “the Government Corporation Control Act, as amended (31 U.S.C. 841 et seq.)” and “section 101 of said Act (31 U.S.C. 846)”, respectively, on authority of Pub. L. 97–258, § 4(b),Sept. 13, 1982, 96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.
Amendments

1994—Subsec. (b). Pub. L. 103–354substituted “Secretary” for “Rural Electrification Administration or of any other agency of the Department of Agriculture”.
Effective Date

Section effective May 7, 1971, see section 7 ofPub. L. 92–12, set out as a note under section 921a of this title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

7 USCDescription of ChangeSession YearPublic LawStatutes at Large

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

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7 CFR - Agriculture

7 CFR Part 1600 - GENERAL INFORMATION

7 CFR Part 1610 - LOAN POLICIES

7 CFR Part 1786 - PREPAYMENT OF RUS GUARANTEED AND INSURED LOANS TO ELECTRIC AND TELEPHONE BORROWERS

7 CFR Part 1787

 

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