FEDERAL · 31 U.S.C. · Chapter SUBCHAPTER I—BORROWING AUTHORITY
New issue used to buy, redeem, or refund outstanding obligations
31 U.S.C. § 3111
Title31 — Money and Finance
ChapterSUBCHAPTER I—BORROWING AUTHORITY
This text of 31 U.S.C. § 3111 (New issue used to buy, redeem, or refund outstanding obligations) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
31 U.S.C. § 3111.
Text
An obligation may be issued under this chapter to buy, redeem, or refund, at or before maturity, outstanding bonds, notes, certificates of indebtedness, Treasury bills, or savings certificates of the United States Government. Under regulations of the Secretary of the Treasury, money received from the sale of an obligation and other money in the general fund of the Treasury may be used in making the purchases, redemptions, or refunds.
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Related
Transactions Between the Federal Financing Bank and the Department of the Treasury
(Office of Legal Counsel, 1996)
Source Credit
History
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 942.)
Editorial Notes
The words "regulations of" are substituted for "rules, regulations, terms, and conditions . . . may prescribe" to eliminate unnecessary words.
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Bluebook (online)
31 U.S.C. § 3111, Counsel Stack Legal Research, https://law.counselstack.com/usc/31/3111.