7 USC § 1504a - Capitalization of Corporation

---
identifier: "/us/usc/t7/s1504a"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 1504a - Capitalization of Corporation"
title_number: 7
title_name: "AGRICULTURE"
section_number: "1504a"
section_name: "Capitalization of Corporation"
chapter_number: 36
chapter_name: "CROP INSURANCE"
subchapter_number: "I"
subchapter_name: "FEDERAL CROP INSURANCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 27, 1940, ch. 437, title I, 54 Stat. 640.)"
---


# § 1504a. Capitalization of Corporation

The payment for capital stock in the Federal Crop Insurance Corporation shall be effected by transfer of funds on the books of the Treasury Department to the credit of the Corporation.

---

**Source Credit**: (June 27, 1940, ch. 437, title I, 54 Stat. 640.)

## Editorial Notes

### Codification

Section was not enacted as part of the Federal Crop Insurance Act which comprises this subchapter.

## Executive Documents

### Transfer of Functions

Administration of program of Federal Crop Insurance Corporation transferred to Secretary of Agriculture by 1946 Reorg. Plan No. 3, § 501, eff. , 11 F.R. 7877, . See note set out under .

Wartime consolidation of Federal Crop Insurance Corporation into Agricultural Conservation and Adjustment Administration, see note set out under .