31 U.S.C. § 3111 — New issue used to buy, redeem, or refund outstanding obligations
submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 69 words · no verdicts yet
This section addresses New issue used to buy, redeem, or refund outstanding obligations. An obligation can be issued under this chapter to buy, redeem, or refund, at or before maturity, outstanding bonds, notes, certificates of indebtedness, Treasury bills, or savings certificates of the United States Government. Under regulations of the Secretary of the Treasury, money received from the sale of an obligation and other money in the general fund of the Treasury can be used in making the purchases, redemptions, or refunds.
An obligation can be issued under this chapter to buy, redeem, or refund, at or before maturity, outstanding bonds, notes, certificates of indebtedness, Treasury bills, or savings certificates of the United States Government. Under regulations of the Secretary of the Treasury, money received from the sale of an obligation and other money in the general fund of the Treasury can be used in making the purchases, redemptions, or refunds.
An obligation may be issued under this chapter to buy, redeem, or refund, at or before maturity, outstanding bonds, notes, certificates of indebtedness, Treasury bills, or savings certificates of the United States Government. Under regulations of the Secretary of the Treasury, money received from the sale of an obligation and other money in the general fund of the Treasury may be used in making the purchases, redemptions, or refunds.
Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 942.)
- 1982Enacted · Pub. L. 97-258 · 96 Stat. 942
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.
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