7 USC 1738d: Repayment of principal
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7 USC 1738d: Repayment of principal Text contains those laws in effect on December 24, 2024
From Title 7-AGRICULTURECHAPTER 41-FOOD FOR PEACESUBCHAPTER VI-ENTERPRISE FOR THE AMERICAS INITIATIVE
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§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.

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