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§1738d. Repayment of principal

Enacted 1990 · reading the current textFull lineage →

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7 U.S.C. § 1738d

(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.
Notes, amendments, and revision history

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