7-U.S.C.-1738D

7-U.S.C.-1738D

§1738D – Repayment of Principal

Pathway

Title 7 > Chapter 41 > Subchapter VI > Section 1738d

Details

  • Reference: Section 1738d
  • Legend: §1738D – Repayment of Principal
  • USCode Year: 2013

Provision Content

(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.)

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