15 USC § 77ll - Effective date of subchapter

---
identifier: "/us/usc/t15/s77ll"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 77ll - Effective date of subchapter"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "77ll"
section_name: "Effective date of subchapter"
chapter_number: 2
chapter_name: "SECURITIES AND TRUST INDENTURES"
subchapter_number: "II"
subchapter_name: "FOREIGN SECURITIES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(May 27, 1933, ch. 38, title II, § 211, 48 Stat. 95.)"
---


# § 77ll. Effective date of subchapter

This subchapter shall not take effect until the President finds that its taking effect is in the public interest and by proclamation so declares.

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**Source Credit**: (May 27, 1933, ch. 38, title II, § 211, 48 Stat. 95.)