Public Law 119-73 (01/23/2026)

15 U.S.C. § 641

Transfer to Administration of other functions, powers, and duties

The President may transfer to the Administration any functions, powers, and duties of any department or agency which relate primarily to small-business problems. In connection with any such transfer, the President may provide for appropriate transfers of records, property, necessary personnel, and unexpended balances of appropriations and other funds available to the department or agency from which the transfer is made.

Pub. L. 85–536, § 2[12]72 Stat. 394(, , .)

Editorial Notes

Prior Provisions

act July 30, 1953, ch. 282, title II67 Stat. 239act Aug. 9, 1955, ch. 628, § 1269 Stat. 551section 647 of this titlePub. L. 85–536section 637(b) of this titlesection 631 of this titlePrior similar provisions were contained in section 218 of , , as amended by , , which was previously classified to . The provisions of section 212 of act , formerly classified to this section, were transferred to section 2[8] of , and are classified to . See Codification note set out under .

Executive Documents

Executive Order No. 10504

Ex. Ord. No. 10504, , 18 F.R. 7667, which provided for the transfer of functions of the Small Defense Plants Administration to the Small Business Administrator, was revoked by Ex. Ord. No. 12553, , 51 F.R. 7237.

Executive Order No. 11871

Ex. Ord. No. 11871, , 40 F.R. 30915, which transferred the functions of ACTION Agency relating to the Service Corps of Retired Executives and Active Corps of Executives to the Small Business Administration, was revoked by Ex. Ord. No. 12553, , 51 F.R. 7237.