Home/U.S. Code/Title 15/Ch. 15/§ 713a–11a
FEDERAL · 15 U.S.C. · Chapter 15

Interest prohibited when reimbursing Corporation for net realized losses

Current through Pub. L. 119-102
Title 15 — Commerce and Trade·Ch. 15 — ECONOMIC RECOVERY·Subch. I
After September 30, 1964, the portion of borrowings from Treasury equal to the unreimbursed realized losses recorded on the books of the Commodity Credit Corporation after September 30 of the fiscal year in which such losses are realized, shall not bear interest and interest shall not be accrued or paid thereon.

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Source Credit

History

(Pub. L. 89–316, title III, §301, Nov. 2, 1965, 79 Stat. 1178; Pub. L. 94–273, §2(6), Apr. 21, 1976, 90 Stat. 375.)

Editorial Notes

Editorial Notes

Amendments
1976—Pub. L. 94–273 substituted "September" for "June".