Codification
Sections 1921 to 1938 terminated May 1, 1955, pursuant to section 1938 of this Appendix.
Section 1921, [act Mar. 31, 1948, ch. 166, § 2], [62 Stat. 102], related to Congressional declaration of policy.
Section 1922, [act Mar. 31, 1948, ch. 166, § 3], [62 Stat. 102], authorized certain controls over natural and synthetic rubber and rubber products.
Section 1923, [act Mar. 31, 1948, ch. 166, § 4], [62 Stat. 102], related to importation and exportation of rubber products.
Section 1924, [act Mar. 31, 1948, ch. 166, § 5], [62 Stat. 103], related to maintenance of domestic rubber-producing capacity.
Section 1925, [act Mar. 31, 1948, ch. 166, § 6], [62 Stat. 103], related to rubber research and development.
Section 1926, [act Mar. 31, 1948, ch. 166, § 7], [62 Stat. 103], related to operation of rubber-producing facilities by the Government.
Section 1927, [act Mar. 31, 1948, ch. 166, § 8], [62 Stat. 104], related to placing in adequate stand-by condition rubber-producing facilities and their maintenance.
Section 1928, acts [Mar. 31, 1948, ch. 166, § 9], [62 Stat. 105]; [June 24, 1950, ch. 357, § 1(a)], [64 Stat. 256]; [June 23, 1952, ch. 453, § 1(a)], [66 Stat. 154], related to disposal of Government-owned rubber-producing facilities.
Section 1929, [act Mar. 31, 1948, ch. 166, § 10], [62 Stat. 1929], provided administrative provisions respecting rules and regulations; delegation of powers and duties by President; consolidation of powers and functions, creation of corporation, powers, subscription to capital stock; transfer of facilities, personnel, funds, etc.; and annual report.
Section 1930, [act Mar. 31, 1948, ch. 166, § 11], [62 Stat. 106], related to patent pooling and use of technical information.
Section 1931, [act Mar. 31, 1948, ch. 166, § 12], [62 Stat. 106], related to information, records, etc., for enforcement or administrative purposes; oaths, affidavits, subpenas, etc.; witnesses; testimony; publication of information; and penalties.
Section 1932, [act Mar. 31, 1948, ch. 166, § 13], [62 Stat. 107], related to penalties.
Section 1933, [act Mar. 31, 1948, ch. 166, § 14], [62 Stat. 107], related to jurisdiction of courts, venue, process and costs.
Section 1934, [act Mar. 31, 1948, ch. 166, § 15], [62 Stat. 107], was an exculpatory clause.
Section 1935, [act Mar. 31, 1948, ch. 166, § 16], [62 Stat. 108], related to exemption from Administrative Procedure Act. [Act Mar. 31, 1948, ch. 166, § 16], [62 Stat. 108], formerly classified to section 1935 of this Appendix, was repealed by [Pub. L. 89–554, § 8(a)], Sept. 6, 1966, [80 Stat. 654].
Section 1936, [act Mar. 31, 1948, ch. 166, § 18], [62 Stat. 1936], defined the terms “natural rubber”, “synthetic rubber”, “general-purpose synthetic rubber”, “special-purpose synthetic rubber”, “rubber-producing facilities”, “rated production capacity”, “component materials”, “stand-by condition”, “person” and “United States”.
Section 1937, [act Mar. 31, 1948, ch. 166, § 19], [62 Stat. 109], related to appropriations.
Section 1938, acts [Mar. 31, 1948, ch. 166, § 20], [62 Stat. 109]; [June 24, 1950, ch. 357, § 1(b)], [64 Stat. 256]; [June 23, 1952, ch. 453, § 1(b)], [66 Stat. 154]; [Aug. 7, 1953, ch. 338, § 22], [67 Stat. 415], provided that sections 1921 to 1938 of this Appendix should become effective on Apr. 1, 1948, and should remain in effect until May 1, 1955.
Transfer of Functions
Ex. Ord. No. 9942, Apr. 1, 1948, 13 F.R. 1823, as amended by Ex. Ord. No. 10539, June 22, 1954, 19 F.R. 3827, which provided for the performance of certain functions under sections 1921 to 1938 of this Appendix by the Secretary of Commerce and by the Federal Facilities Corporation as successor of the Reconstruction Finance Corporation, was revoked by Ex. Ord. No. 12553, Feb. 25, 1986, 51 F.R. 7237.
[Act July 30, 1953, ch. 282], title I, § 107(a)(1), (b), [67 Stat. 231], provided for Presidential transfer of all functions, powers, duties, and authority of the Reconstruction Finance Corporation under sections 1921 to 1938 of this Appendix not later than June 30, 1954, and for the transfer of all assets, funds, contracts, loans, liabilities, commitments, authorizations, allocations, personnel, and records of the Reconstruction Finance Corporation which the Director of the Bureau of the Budget shall determine to be primarily related to, and necessary for, the exercise of such functions, powers, duties, and authority, to the officer or agency of the Government to which such functions, powers, duties, and authority are transferred.
Dissolution of Federal Facilities Corporation
[Pub. L. 87–190], Aug. 30, 1961, [75 Stat. 418], provided:“[Sec. 1.Administration of sales of rubber producing facilities by Administrator of General Services; exercise of authority of Rubber Producing Facilities Disposal Commission by Administrator; transfer of contracts from Federal Facilities Corporation to Administrator]. That, subject to the provisions of section 2 of this Act, the Administrator of General Services is hereby designated to administer the contracts of sale of the Government-owned rubber producing facilities made pursuant to the Rubber Producing Facilities Disposal Act of 1953 ([67 Stat. 414]) [section 1941 et seq. of this Appendix], as amended, and to administer other matters involving the Rubber Producing Facilities Disposal Commission, including the exercise of all powers and authority conferred upon the said Commission by [section 6 of the Act of March 21, 1956] ([70 Stat. 51], 53) [set out as a note under section 1941f of this Appendix], and also including the winding up of the affairs of the Commission. The said contracts are hereby transferred from Federal Facilities Corporation to the Administrator of General Services.“Sec. 2. [National defense as guide for execution of national security clause in rubber producing facilities’ contracts of sale]. The administration of the national security clause contained in the contracts of sale referred to in section 1 of this Act shall be carried out in accordance with the needs and requirements of the national defense as determined by the Secretary of Defense.“Sec. 3. [Transfer of records, assets and liabilities of Rubber Producing Facilities Disposal Commission]. The records and the remaining assets and liabilities of the Rubber Producing Facilities Disposal Commission are hereby transferred from the Federal Facilities Corporation to the Administrator of General Services for use of the Administrator in connection with the administration or performance of his functions and duties under sections 1 and 2 of this Act, or for other disposition as may be determined, consonant with law, by the Administrator.“Sec. 4. [Transfer of property, assets and liabilities of Federal Facilities Corporation to Administrator for liquidation; transfer of functions; assumption of liabilities; deposits into Treasury; cancellation of obligations].“(a) Notwithstanding any other provision of law, the books of account, records, documents, property, assets and liabilities of every kind and nature, including, but not limited to, all funds, notes (and accrued interest thereon), mortgages, deeds of trust, contracts, commitments, claims, and causes of action, of Federal Facilities Corporation are transferred to the Administrator of General Services for liquidation and, in connection therewith, there are also transferred to the Administrator, notwithstanding the provisions of section 6 of this Act, all functions, powers, duties, authority, rights, and immunities now vested in, or available or applicable to, the Corporation which shall be performed, exercised, and administered by the Administrator in the same manner and to the same extent as if the same were performed, exercised, and administered by the Corporation. The Administrator shall assume and be subject, in his official capacity, to all liabilities and commitments, whether arising out of contract or otherwise, of the corporation but he shall pay into the Treasury, as miscellaneous receipts, all future receipts and all remaining funds of the Corporation transferred to, or received by, him pursuant to this Act.“(b) Any obligation of General Services Administration to Federal Facilities Corporation existing by virtue of the provisions of section 5(b) of the joint resolution, ‘To authorize the disposal of the Government-owned tin smelter at Texas City, Texas, and for other purposes’, approved June 22, 1956 (Public Law 608, Eighty-fourth Congress, chapter 426, second session ([70 Stat. 329])) [set out as a note under [section 98 of Title 50]], is canceled.“Sec. 5. [Delegation of powers]. The Administrator of General Services is authorized to delegate, from time to time as he may deem to be appropriate, to any officer, employee, or administrative unit under his jurisdiction the performance of any function and the exercise of the related authority transferred to the Administrator by this Act.“Sec. 6. [Termination of succession and dissolution of Corporation; repeal of charter]. The succession of Federal Facilities Corporation is terminated and the Corporation is dissolved. The charter of the Corporation, as amended, is repealed.“Sec. 7. [Suits against corporation before dissolution; United States as party]. No suit, action, or other proceeding lawfully commenced by or against Federal Facilities Corporation before the dissolution of the Corporation shall abate by reason of such dissolution; but the court may, on motion or supplemental petition filed at any time within twelve months after such dissolution and showing a necessity for the survival of such suit, action, or other proceeding to obtain a settlement of the questions involved, allow the same to be maintained by or against the United States in such court. After the dissolution of the Corporation, any suit, action, or other proceeding which, but for such dissolution, would be commenced by or against the Corporation, shall be commenced by or against the United States in a Federal court of competent jurisdiction.“Sec. 8. [Special assessments and taxes]. In the event that title to any real property which was sold by the Rubber Producing Facilities Disposal Commission or by the Federal Facilities Corporation to private industry on credit, under mortgage, deed of trust, or similar arrangement, is acquired by the United States by reason of default by, or failure of performance of, the purchaser, or its successor in interest, of any of its obligations, such real property shall continue to be subject to special assessments for local improvements and to State, county, municipal, or local taxation to the same extent according to its value as other real property is taxed and the Administrator of General Services is authorized and directed to pay such special assessments and taxes.“Sec. 9. [Effective date]. This Act shall take effect at the close of September 30, 1961.”
