In United States administrative law, an organic statute is a statute enacted by Congress that creates an administrative agency, and defines its authorities and responsibilities. Wikipedia does not yet have an article with this exact name. ... A statute is a formal, written law of a country or state, written and enacted by its legislative authority, perhaps to then be ratified by the highest executive in the government, and finally published. ... Congress in Joint Session. ... Federal independent agencies were established through separate statutes passed by Congress. ...
The American Interstate Commerce Act of 1887 created the Interstate Commerce Commissirs of the commission were appointed by the President with the consent of the Senate. ... 1887 is a common year starting on Saturday (click on link for calendar). ... The Interstate Commerce Commission (ICC; 1887 - 1995) was a government regulatory body in the United States created by the Interstate Commerce Act of 1887, which was signed into law by President Grover Cleveland. ... The U.S. Communications Act of 1934 was enacted as Public Law Number 416 on June 19, 1934, by the 73rd Congress of the United States to replace the Federal Radio Commission with the Federal Communications Commission (FCC). ... The FCCs official seal. ... The United States Federal Food, Drug, and Cosmetic Act (FD&C) is a set of laws passed by Congress in 1938 giving authority to the Food and Drug Administration to oversee the safety of food, drugs, and cosmetics. ... 1938 (MCMXXXVIII) was a common year starting on Saturday (link will take you to calendar). ... To meet Wikipedias quality standards, this article or section may require cleanup. ... This page is a candidate to be moved to Wikisource. ... 1958 (MCMLVIII) was a common year starting on Wednesday of the Gregorian calendar. ... NASA Logo Listen to this article · (info) This audio file was created from the revision dated 2005-09-01, and does not reflect subsequent edits to the article. ...
The situation of your agency in having an organicstatute which incorporates specific restrictions on your officials' financial holdings is not uncommon.
In such cases, the organicstatutes have been interpreted not to preclude an indirect interest, which is de minimis and incidental to the diversified fund's portfolio, even though the interest would not be permitted to be held directly.
Accordingly, in blind trust administration specific prohibitions against certain types of holdings which are imposed on an agency's officials by statute or regulation are used as a filtering mechanism to determine the appropriateness of the original portfolio proposed for a new blind trust.
Feeds |
Contact