31 U.S.C. · Money and Finance
31 U.S.C. § 3111

New issue used to buy, redeem, or refund outstanding obligations

Ch. 31 — Public Debt
Title 31 U.S.C. ● ACTIVE Primary Source Ch. 31
Statutory Text

31 U.S.C. § 3111 — New issue used to buy, redeem, or refund outstanding obligations

U.S.C. Title 31 - MONEY AND FINANCE 31 U.S.C. United States Code, 2023 Edition Title 31 - MONEY AND FINANCE SUBTITLE III - FINANCIAL MANAGEMENT CHAPTER 31 - PUBLIC DEBT SUBCHAPTER I - BORROWING AUTHORITY Sec. 3111 - New issue used to buy, redeem, or refund outstanding obligations From the U.S. Government Publishing Office, www.gpo.gov

§3111. New issue used to buy, redeem, or refund outstanding obligations

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.)

Historical and Revision Notes Revised SectionSource (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.

Source: uscode.house.gov — public domain Official Source ↗
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