Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" Association shall be available to retire the preferred stock held by the Secretary of the Treasury as rapidly as the Association shall deem feasible. "
Report to Congress: Examination of Financial Statements of the Federal ... - Page 11
by United States. General Accounting Office - 1969 - 53 pages
Full view - About this book

Congressional Serial Set

United States - 1970
...On September 30, 1968, a month after the partitioning of FNMA became effective, the new FNMA retired the preferred stock held by the Secretary of the Treasury...preferred stock was retired at par value plus an allocated portion of the general surplus deemed to have been earned through use of the capital represented by...
Full view - About this book

Federal National Mortgage Association Charter Act: Hearings Before the ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - Government publications - 1977 - 250 pages
..."[f]unds of the capital surplus and the general surplus accounts of the Association shall be available to retire the preferred stock held by the Secretary of the Treasury as rapidly as the Association shall deem feasible." 68 Stat. 613. The Act also anticipated that reliance...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF