22 U.S.C. § 3781 — Assets and liabilities of Panama Canal Company

FEDERAL · 22 U.S.C. · Chapter 51

Assets and liabilities of Panama Canal Company

Current through Pub. L. 119-102

Title 22 — Foreign Relations and Intercourse·Ch. 51 — PANAMA CANAL·Subch. I·Pt. 5

All property and other assets of the Panama Canal Company shall revert to the United States on October 1, 1979, and, except as otherwise provided by law, the United States shall assume the liabilities, including contractual obligations, of the Panama Canal Company then outstanding. The Commission may use such property, facilities, and records of the Panama Canal Company as are necessary to carry out its functions.

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All property and other assets of the Panama Canal Company shall revert to the United States on October 1, 1979, and, except as otherwise provided by law, the United States shall assume the liabilities, including contractual obligations, of the Panama Canal Company then outstanding. The Commission may use such property, facilities, and records of the Panama Canal Company as are necessary to carry out its functions.

22 U.S.C. § 3781 (Assets and liabilities of Panama Canal Company) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 96–70, title I, §1501, Sept. 27, 1979, 93 Stat. 487.)

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