7 USC 1738d - Repayment of Principal

(a) Currency of payment

The principal amount owed under each new obligation issued under section 1738c of this title shall be repaid in United States dollars.

(b) Deposit of payments

Principal repayments on new obligations issued under section 1738c of this title shall be deposited in Commodity Credit Corporation accounts.

(July 10, 1954, ch. 469, title VI, §605, as added Pub. L. 101–624, title XV, §1512, Nov. 28, 1990, 104 Stat. 3659.)

Sections:  Previous  1736u  1736y  1737  1738  1738a  1738b  1738c  1738d  1738e  1738f  1738g  1738h  1738i  1738j  1738k  Next

Last modified: October 26, 2015