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" ... because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. "
Revenue Revision 1927-28: Hearings Before the Committee on Ways and Means ... - Page 423
by United States. Congress. House. Committee on Ways and Means - 1927 - 1014 pages
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Code of Federal Regulations

Administrative law - 1968
...supplies and equipment through the association. (3) Organizations maintaining reserve. Exemption shall not be denied any such association because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (4) Transactions with nonmembers. Exemption...
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Compilation of Securities Laws Within the Jurisdiction of the Committee on ...

United States, United States. Congress. House. Committee on Interstate and Foreign Commerce - Securities - 1978 - 307 pages
...equipment through the association. "(3) ORGANIZATIONS MAINTAINING RESERVE. — Exemption shall not be denied any such association because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. "(4) TRANSACTIONS WITH NONMEMBERS. — Exemption...
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The Federal Neutrality Act: Hearings Before the Subcommittee on Separation ...

United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Separation of Powers - Economic assistance, Domestic - 1984 - 247 pages
...is owned by such association, or members thereof; nor shall exemption be denied any such corporation because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (17)(A) A trust or trusts forming part of_a...
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Compilation of Securities Laws Within the Jurisdiction of the Committee on ...

United States, United States. Congress. House. Committee on Energy and Commerce - Investments - 1985 - 473 pages
...and equipment through the association. (3) ORGANIZATIONS MAINTAINING RESERVE. — Exemption shall not be denied any such association because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (4) TRANSACTIONS WITH NONMEMBERS. — Exemption...
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Compilation of Securities Laws Within the Jurisdiction of the Committee on ...

United States - Securities - 1993
...and equipment through the association. (3) ORGANIZATIONS MAINTAINING RESERVE.— Exemption shall not be denied any such association because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (4) TRANSACTIONS WITH NONMEMBERS.— Exemption...
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Compilation of Securities Laws Within the Jurisdiction of the Committee on ...

United States - Securities - 1985
...and equipment through the association. (3) ORGANIZATIONS MAINTAINING RESERVE. — Exemption shall not be denied any such association because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (4) TRANSACTIONS WITH NONMEMBERS. — Exemption...
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Compilation of Securities Laws Within the Jurisdiction of the ..., Volume 4

United States - Securities - 1999 - 733 pages
...is owned by such association, or members thereof; nor shall exemption be denied any such corporation because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. PART IV— FARMERS' COOPERATIVES SEC. 521. EXEMPTION...
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Compilation of Securities Laws Within the Jurisdiction of the ..., Volume 4

United States - Securities - 1997 - 720 pages
...and equipment through the association. (3) ORGANIZATIONS MAINTAINING RESERVE. — Exemption shall not be denied any such association because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (4) TRANSACTIONS WITH NONMEMBERS. — Exemption...
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Compilation of the Social Security Laws: Including the Social Security Act ...

United States - Social security - 2003
...is owned by such association, or members thereof; nor shall exemption be denied any such corporation because there is accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. (17XA) A trust or trusts forming part of a plan...
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United States Statutes at Large, Volume 53, Part 1

United States Department of State - Session laws - 1939
...producers who market their products or purchase their supplies and equipment through the association; nor shall exemption be denied any such association because...accumulated and maintained by it a reserve required by State law or a reasonable reserve for any necessary purpose. Such an association may market the products...
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