15 USC § 63 - Acquisition of stock of export trade corporation
---
identifier: "/us/usc/t15/s63"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 63 - Acquisition of stock of export trade corporation"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "63"
section_name: "Acquisition of stock of export trade corporation"
chapter_number: 2
chapter_name: "FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND PREVENTION OF UNFAIR METHODS OF COMPETITION"
subchapter_number: "II"
subchapter_name: "PROMOTION OF EXPORT TRADE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Apr. 10, 1918, ch. 50, § 3, 40 Stat. 517.)"
---
# § 63. Acquisition of stock of export trade corporation
section 18 of this title
Nothing contained in shall be construed to forbid the acquisition or ownership by any corporation of the whole or any part of the stock or other capital of any corporation organized solely for the purpose of engaging in export trade, and actually engaged solely in such export trade, unless the effect of such acquisition or ownership may be to restrain trade or substantially lessen competition within the United States.
---
**Source Credit**: (Apr. 10, 1918, ch. 50, § 3, 40 Stat. 517.)