Foreign Investment Corporation “FIC”- Investment Corporation acting to provide investment in foreign rights.
Authorization and appropriation to administer Foreign Investment Corporation Law.
Section 1-Authority is granted by the General Court of the Commonwealth of Massachusetts to collect Foreign Investment Corporation Law applications and appropriation transfers administered by the Commissioner of the Foreign Investment Corporation.
a. The appropriation contracts provide coverage of administration of labor and materials used in foreign investments.
b. Foreign investments include applications for coverage of states, governments, treasury, land, laws, military, benefits, corporations, organizations and people.
Section 2-The appropriation to administer the Foreign Investment Corporation is set at $100,000,000,000 with a daily interest set at 1000% the principle balance in a treasury trust account administered by the Commissioner of the Foreign Investment Corporation.
Section 3-The Foreign Investment Corporation administers a report to the General Court of the Commonwealth of Massachusetts describing the annual general appropriation investments of the corporation.
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