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Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 31— PUBLIC DEBT · SUBCHAPTER I— BORROWING AUTHORITY · § 3111

§ 3111. New issue used to buy, redeem, or refund outstanding obligations

99 words·~1 min read·/usc/title-31/section-3111

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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.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 942.)
The words “regulations of” are substituted for “rules, regulations, terms, and conditions . . . may prescribe” to eliminate unnecessary words.
Connections24 cite this
2 references not yet in our index
  • Pub. L. 97–258
  • 96 Stat. 942
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§ 3111
New issue used to buy, redeem, or refund outstanding obligations
U.S.C.×12
Fed. Reg.×10
C.F.R.×2
Pub. L.Pub. L. 97–258
Stat.96 Stat. 942
Cites 2Cited by 24 across 3 sources
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