31-U.S.C.-3111
§3111 – New Issue Used to Buy, Redeem, Or Refund Outstanding Obligations
Pathway
Title 31 > Subtitle III > Chapter 31 > Subchapter I > Section 3111
Details
- Reference: Section 3111
- Legend: §3111 – New Issue Used to Buy, Redeem, Or Refund Outstanding Obligations
- USCode Year: 2013
Provision Content
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.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 942.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 3111 | 31:754a. | Sept. 24, 1917, ch. 56, 40 Stat. 288, §19; added Jan. 30, 1934, ch. 6, §14(a)(4), 48 Stat. 343; restated Mar. 28, 1942, ch. 205, §4, 56 Stat. 189. |
The words regulations of are substituted for rules, regulations, terms, and conditions . . . may prescribe to eliminate unnecessary words.
U.S. Encyclopedia of Law Coverage
31-U.S.C.-3105 in the Legal Encyclopedia: Public Finance
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Title 31 – Money And Finance in the Legal Encyclopedia: Financial Management
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