Promotion of United States Exports: Hearing, Eighty-seventh Congress, First Session, August 30, 1961 |
From inside the book
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Page 2
... caused , in whole or part , by the occurrence , on or after the date of a guaranty contract entered into under the ... cause set forth in this subsection ( d ) where it is impractical to recover such charges from the purchaser ; or ( 3 ) ...
... caused , in whole or part , by the occurrence , on or after the date of a guaranty contract entered into under the ... cause set forth in this subsection ( d ) where it is impractical to recover such charges from the purchaser ; or ( 3 ) ...
Page 3
... cause within his control , pro- vided the exporter has given the Corporation prompt notice of such failure or refusal and complied with all reasonable requirements of the Corpora- tion as to enforcing the exporter's rights under its ...
... cause within his control , pro- vided the exporter has given the Corporation prompt notice of such failure or refusal and complied with all reasonable requirements of the Corpora- tion as to enforcing the exporter's rights under its ...
Page 4
... cause arising , the Board shall authorize a Private Director to act as Chairman for the time being who shall have and may exercise all the powers and functions of the Chairman . ( f ) The Board shall meet at the call of its Chairman ...
... cause arising , the Board shall authorize a Private Director to act as Chairman for the time being who shall have and may exercise all the powers and functions of the Chairman . ( f ) The Board shall meet at the call of its Chairman ...
Page 8
... caused by , political risks . GENERAL CORPORATE POWERS SEC . 13. ( a ) For the purpose of carrying out its functions under this Act , the Corporation- ( 1 ) shall have succession in its corporate name ; ( 2 ) may adopt and use a ...
... caused by , political risks . GENERAL CORPORATE POWERS SEC . 13. ( a ) For the purpose of carrying out its functions under this Act , the Corporation- ( 1 ) shall have succession in its corporate name ; ( 2 ) may adopt and use a ...
Page 9
... cause of action arising therefrom and shall have the right at any time to require , and in case of any payments under political risk coverage shall , at the Government Director's request , require the exporter to assign the same to the ...
... cause of action arising therefrom and shall have the right at any time to require , and in case of any payments under political risk coverage shall , at the Government Director's request , require the exporter to assign the same to the ...
Common terms and phrases
agency amended American Export Credits amount authority Bank of Washington bill Board of Directors buyer capital Chairman claims commercial credit risk commercial insurance commercial risks common stock CONGRESS THE LIBRARY Corporation's cover CREDIT INSURANCE SYSTEMS Credits Guaranty Corporation currency DERWINSKI dollars Eximbank export credit guarantee export credit insurance Export-Import Bank financing FINNEGAN foreign FRANCIS X GOLDSBY Government Director Guarantee Agreement guaranty contract insurance companies involved issued legislation liability LIBRARY OF CONGRESS limited LINDER loans medium-term ment million MULTER operation outstanding payment percent political risk premiums political risk reserve preferred stock proposed protracted default reinsurance RESS SCAFURO Secretary shares shipments short-term specific stockholders sumer thereof tion transactions transfer Treasury U.S. exporters underwriting United UNITED KINGDOM United States dollars VANIK Vice Pres whole turnover WIDNALL X X X X YORK
Popular passages
Page 1 - That the management of the Corporation shall be vested in a board of directors, consisting of...
Page 23 - If any provision of this Act, or the application of such provision to any person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 8 - ... income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
Page 19 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page 51 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Page 7 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued, under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 50 - ... for the benefit of citizens of the United States, including corporations, partnerships, and associations organized and existing under the laws of the United States...
Page 32 - I am directing the President of the Export-Import Bank, by April 1, to prepare and submit to the Secretary of the Treasury, as Chairman of the National Advisory Council on International Monetary and Financial Problems, a new program under the Export-Import Bank to place our exporters on a basis of full equality with their competitors in other countries.
Page 26 - ... in such amounts as may be specified from time to time in appropriation acts...
Page 27 - Secretary, but not exceeding $100 per day, including travel time, and while so serving away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by section 5 of the Administrative Expenses Act of 1946 (5 USC 73b-2) for persons in the Government service employed intermittently.