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31 U.S.C. · Money and Finance
31 U.S.C. § 3714

Keeping money due States in default

Ch. 37 — Claims
Title 31 U.S.C. ● ACTIVE Primary Source Ch. 37
Statutory Text

31 U.S.C. § 3714 — Keeping money due States in default

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 37 - CLAIMS SUBCHAPTER II - CLAIMS OF THE UNITED STATES GOVERNMENT Sec. 3714 - Keeping money due States in default From the U.S. Government Publishing Office, www.gpo.gov

§3714. Keeping money due States in default

The Secretary of the Treasury shall keep the necessary amount of money the United States Government owes a State when the State defaults in paying principal or interest on investments in stocks or bonds the State issues or guarantees and that the Government holds in trust. The money shall be used to pay the principal or interest or reimburse, with interest, money the Government advanced for interest due on the stocks or bonds.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 972.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

3714 31:207. R.S. §3481.

The word "amount" is substituted for "whole, or so much thereof" for clarity. The word "owes" is substituted for "due on any account from the . . . to" to eliminate unnecessary words. The words "or either" and "thereon" are omitted as surplus.

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC31-SEC-49B9BE
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
31 U.S.C. § 3714
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
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Source Verified
✓ TRUE
Content Hash
085aaffc6de360c1...
Semantic Edges
Pending — corpus passes queued
This page was generated from primary source data retrieved via the GovInfo API (api.govinfo.gov). The statutory text of 31 U.S.C. § 3714 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel.
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← 31 U.S.C. § 3713 31 U.S.C. § 3715 →
Ch. 37 — Claims
31 U.S.C. § 370131 U.S.C. § 370231 U.S.C. § 371131 U.S.C. § 371231 U.S.C. § 371331 U.S.C. § 371431 U.S.C. § 371531 U.S.C. § 371631 U.S.C. § 371731 U.S.C. § 371831 U.S.C. § 371931 U.S.C. § 372031 U.S.C. § 3720A31 U.S.C. § 3720B31 U.S.C. § 3720C31 U.S.C. § 3720D31 U.S.C. § 3720E31 U.S.C. § 372131 U.S.C. § 372231 U.S.C. § 372331 U.S.C. § 372431 U.S.C. § 372531 U.S.C. § 372631 U.S.C. § 372731 U.S.C. § 372831 U.S.C. § 372931 U.S.C. § 373031 U.S.C. § 373131 U.S.C. § 373231 U.S.C. § 3733
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