A-05 / Legal boundary
Create or acquire a corporation to act as a federal agency without specific law
31 U.S.C. §9102 requires specific statutory authorization for establishing or acquiring a corporation to act as an agency.
Scope and exceptions
This is not a blanket prohibition on every corporate security or minority investment; specific investment authority and the nature of the entity/action matter.
Planning implication
A proposed government corporate vehicle needs its own legal-basis analysis.