---
kind: "section"
citation: "7 U.S.C. § 1504a"
title: "7"
title_heading: "Agriculture"
number: "1504a"
heading: "Capitalization of Corporation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/7/1504a"
units:
  - "Chapter 36 — Crop Insurance"
  - "Subchapter I — Federal Crop Insurance"
---

# §1504a. Capitalization of Corporation


The payment for capital stock in the Federal Crop Insurance [Corporation](/usc/7/1502.md?p=b-5) shall be effected by transfer of funds on the books of the Treasury [Department](/usc/7/1502.md?p=b-7) to the credit of the [Corporation](/usc/7/1502.md?p=b-5).


## Source credit

(June 27, 1940, ch. 437, title I, 54 Stat. 640.)

## Notes

### Editorial Notes

### Codification

Section was not enacted as part of the Federal Crop Insurance Act which comprises this subchapter.

### Executive Documents

### Transfer of Functions

Administration of program of Federal Crop Insurance Corporation transferred to Secretary of Agriculture by 1946 Reorg. Plan No. 3, § 501, eff. July 16, 1946, 11 F.R. 7877, 60 Stat. 1100. See note set out under section 1503 of this title.

Wartime consolidation of Federal Crop Insurance Corporation into Agricultural Conservation and Adjustment Administration, see note set out under section 1503 of this title.