31 USC 324 - Disposing and Extending the Maturity of Obligations

(a) The Secretary of the Treasury may—

(1) dispose of obligations—

(A) acquired by the Secretary for the United States Government; or

(B) delivered by an executive agency; and

(2) make arrangements to extend the maturity of those obligations.

(b) The Secretary may dispose or extend the maturity of obligations under subsection (a) of this section in the way, in amounts, at prices (for cash, obligations, property, or a combination of cash, obligations, or property), and on conditions the Secretary considers advisable and in the public interest.

(c) The authority under this section is in addition to authority under another law.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 882; Pub. L. 98–369, div. A, title IV, §444, July 18, 1984, 98 Stat. 816.)

Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
324(a) 31:741a(a)(1st sentence words before 9th comma). Apr. 3, 1945, ch. 51, §5, 59 Stat. 48.
324(b) 31:741a(a)(1st sentence words after 9th comma, last sentence).
324(c) 31:741a(b).

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Last modified: October 26, 2015