22 USC 7701 – Purposes
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The purposes of this chapter are—
(1) to provide United States assistance for global development through the Millennium Challenge Corporation, as described in section 7703 of this title; and
(2) to provide such assistance in a manner that promotes economic growth and the elimination of extreme poverty and strengthens good governance, economic freedom, and investments in people.
Terms Used In 22 USC 7701
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.