Repayment of principal

  1. Law
  2. USC 7
  3. Agriculture
  4. FOOD FOR PEACE
  5. ENTERPRISE FOR THE AMERICAS INITIATIVE
  6. Repayment of principal

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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 .)


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