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U.S. Code as of:
01/19/04
Section 433. Exemptions with respect to certain contracts
Sections 431 and 432 of this title shall not extend to any
contract or agreement made or entered into, or accepted by any
incorporated company for the general benefit of such corporation;
nor to the purchase or sale of bills of exchange or other property
where the same are ready for delivery and payment therefor is made
at the time of making or entering into the contract or agreement.
Nor shall the provisions of such sections apply to advances, loans,
discounts, purchase or repurchase agreements, extensions, or
renewals thereof, or acceptances, releases or substitutions of
security therefor or other contracts or agreements made or entered
into under the Reconstruction Finance Corporation Act, the
Agricultural Adjustment Act, the Federal Farm Loan Act, the
Emergency Farm Mortgage Act of 1933, the Farm Credit Act of 1933,
or the Home Owners Loan Act of 1933, the Farmers' Home
Administration Act of 1946, the Bankhead-Jones Farm Tenant Act, or
to crop insurance agreements or contracts or agreements of a kind
which the Secretary of Agriculture may enter into with farmers.
Any exemption permitted by this section shall be made a matter of
public record.
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