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48 U.S.C. § 1403b — Bond liability of United States

submitted 77 years ago by ch. 769 to r/title-48-TERRITORIES-AND-INSULAR-POSSESSIONS · 31 words · no verdicts yet

in plain englishAI-generated · not legal advice

Bonds and other obligations issued under sections 1403 through 1403b are not debts of the United States. The United States is not liable for them.

Bonds and other obligations issued under sections 1403 through 1403b are not debts of the United States, and the United States is not liable for them.

the actual law source: uscode.house.gov ↗public domain

Bonds or other obligations issued pursuant to sections 1403 to 1403b of this title shall not be a debt of the United States, nor shall the United States be liable thereon.

Source credit: (Oct. 27, 1949, ch. 769, § 3, 63 Stat. 941.)

history & why it existsrecord from the source credit
  • 1949Enacted · Act of Oct. 27, 1949, ch. 769 · 63 Stat. 941

A history note hasn’t been published yet. The record shows enactment by ch. 769 on 1949-10-27.

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