22 USC 2430d – Repayment of principal
Current as of: 2024 | Check for updates
|
Other versions
(a) Currency of payment
The principal amount of each new obligation issued pursuant to section 2430c(b) of this title shall be repaid in United States dollars.
(b) Deposit of payments
Terms Used In 22 USC 2430d
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Principal repayments of new obligations shall be deposited in the United States Government account established for principal repayments of the obligations for which those obligations were exchanged.