Pub. L. 87-195, tit. XII, ch. 3, pt. IV, sec. 705 (as amended)

REPAYMENT OF PRINCIPAL.

Year: 2026Length: 60 wordsOfficial source
SEC. 705. [22 U.S.C. 2430d] REPAYMENT OF PRINCIPAL. (a) Currency of Payment.—The principal amount of each new obligation issued pursuant to section 704(b) shall be repaid in United States dollars. (b) Deposit of Payments.—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.
Cross-references to the US Code
22 U.S.C. 2430d
Pub. L. 87-195, tit. XII, ch. 3, pt. IV, sec. 705 (as amended): REPAYMENT OF PRINCIPAL. | Justis AI