CITE
15 USC Sec. 80b-18 01/05/2009
EXPCITE
TITLE 15 - COMMERCE AND TRADE
CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
SUBCHAPTER II - INVESTMENT ADVISERS
HEAD
Sec. 80b-18. Hiring and leasing authority of Commission
STATUTE
The provisions of section 78d(b) of this title shall be
applicable with respect to the power of the Commission -
(1) to appoint and fix the compensation of such other employees
as may be necessary for carrying out its functions under this
subchapter, and
(2) to lease and allocate such real property as may be
necessary for carrying out its functions under this subchapter.
SOURCE
(Aug. 22, 1940, ch. 686, title II, Sec. 218, 54 Stat. 857; Oct. 28,
1949, ch. 782, title XI, Sec. 1106(a), 63 Stat. 972; Pub. L. 101-
550, title I, Sec. 104(d), Nov. 15, 1990, 104 Stat. 2714.)
AMENDMENTS
1990 - Pub. L. 101-550 amended section generally. Prior to
amendment, section related to appointment and compensation of
employees.
1949 - Act Oct. 28, 1949, substituted "Classification Act of
1949" for "Classification Act of 1923".
REPEALS
Act Oct. 28, 1949, ch. 782, cited as a credit to this section,
was repealed (subject to a savings clause) by Pub. L. 89-554, Sept.
6, 1966, Sec. 8, 80 Stat. 632, 655.
TRANSFER OF FUNCTIONS
For transfer of functions of Securities and Exchange Commission,
with certain exceptions, to Chairman of such Commission, see Reorg.
Plan No. 10 of 1950, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175,
64 Stat. 1265, set out under section 78d of this title.