31 U.S.C. § 9109 : US Code - Section 9109: Exclusion of a wholly owned Government corporation from this chapter

Search 31 U.S.C. § 9109 : US Code - Section 9109: Exclusion of a wholly owned Government corporation from this chapter

When the President considers it practicable and in the public
interest, the President shall include in the budget submitted to
Congress under section 1105 of this title a recommendation that a
wholly owned Government corporation be deemed to be an agency
(except a corporation) under chapter 11 of this title and for
fiscal matters. If Congress approves the recommendation, the
corporation is deemed to be an agency (except a corporation) under
chapter 11 and for fiscal matters for fiscal years beginning after
the fiscal year of approval and is not subject to this chapter. The
corporate entity is not affected by this section.