A commission is created and established, to be known as the Federal Trade Commission (hereinafter referred to as the Commission), which shall be composed of five Commissioners, who shall be appointed by the President, by and with the advice and consent of the Senate. Not more than three of the Commissioners shall be members of the same political party. The first Commissioners appointed shall continue in office for terms of three, four, five, six, and seven years, respectively, from September 26, 1914, the term of each to be designated by the President, but their successors shall be appointed for terms of seven years, except that any person chosen to fill a vacancy shall be appointed only for the unexpired term of the Commissioner whom he shall succeed: Provided, however, That upon the expiration of his term of office a Commissioner shall continue to serve until his successor shall have been appointed and shall have qualified..11 So in original. The President shall choose a chairman from the Commission’s membership. No Commissioner shall engage in any other business, vocation, or employment. Any Commissioner may be removed by the President for inefficiency, neglect of duty, or malfeasance in office. A vacancy in the Commission shall not impair the right of the remaining Commissioners to exercise all the powers of the Commission.
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Stable record: federal_law:legal_authorities:record_usc_b5c08a8451c2d573ca021816 Source file: Laws/federal/codes/united-states-code/title-15/section-41-federal-trade-commission-established-membership-vacancies-seal--409c14f572.md Pages: Not recorded – Not recorded Passage SHA-256: 707fe45f988e6551568f8e85ae3b3c6e66d67750d30cee1a818ea3195dcfe1d0 Retained source evidence SHA-256: cc810c647ff5a67f47262ec70df69e8fe7d07223254e1ff85b7e35455c931c1c
Source location: Title 15, Chapter 2, § 41; chapter-002-federal-trade-commission-promotion-of-export-trade-and-prevention-of-unfair-methods-of-competition.md
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A commission is created and established, to be known as the Federal Trade Commission (hereinafter referred to as the Commission), which shall be composed of five Commissioners, who shall be appointed by the President, by and with the advice and consent of the Senate. Not more than three of the Commissioners shall be members of the same political party. The first Commissioners appointed shall continue in office for terms of three, four, five, six, and seven years, respectively, from September 26, 1914, the term of each to be designated by the President, but their successors shall be appointed for terms of seven years, except that any person chosen to fill a vacancy shall be appointed only for the unexpired term of the Commissioner whom he shall succeed: Provided, however, That upon the expiration of his term of office a Commissioner shall continue to serve until his successor shall have been appointed and shall have qualified..11 So in original. The President shall choose a chairman from the Commission’s membership. No Commissioner shall engage in any other business, vocation, or employment. Any Commissioner may be removed by the President for inefficiency, neglect of duty, or malfeasance in office. A vacancy in the Commission shall not impair the right of the remaining Commissioners to exercise all the powers of the Commission.
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Federal law — U.S. Code and appendices · legal_authorities
§ 41. Federal Trade Commission established;
membership; vacancies; seal
A commission is created and established, to be
known as the Federal Trade Commission (here-
inafter referred to as the Commission), which
shall be composed of five Commissioners, who
shall be appointed by the President, by and with
the advice and consent of the Senate. Not more
than three of the Commissioners shall be mem-
bers of the same political party. The first Com-
missioners appointed shall continue in office for
terms of three, four, five, six, and seven years,
respectively, from September 26, 1914, the term
of each to be designated by the President, but
their successors shall be appointed for terms of
seven years, except that any person chosen to
fill a vacancy shall be appointed only for the un-
expired term of the Commissioner whom he
shall succeed: Provided, however, That upon the
expiration of his term of office a Commissioner
shall continue to serve until his successor shall
have been appointed and shall have qualified..1
The President shall choose a chairman from the
Commission’s membership. No Commissioner
shall engage in any other business, vocation, or
employment. Any Commissioner may be re-
moved by the President for inefficiency, neglect
of duty, or malfeasance in office. A vacancy in
the Commission shall not impair the right of the
remaining Commissioners to exercise all the
powers of the Commission.
The Commission shall have an official seal,
which shall be judicially noticed.
(Sept. 26, 1914, ch. 311, § 1, 38 Stat. 717; Mar. 21,
1938, ch. 49, § 1, 52 Stat. 111; 1950 Reorg. Plan No.
8, § 3, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1265.)
Editorial Notes
AMENDMENTS
1938—Act Mar. 21, 1938, inserted proviso clause to
third sentence.
Statutory Not