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§ 1738d. Repayment of principal

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Release point 114-115 · current through 12/28/2015

§ 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.

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

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