31 U.S.C. § 3111

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 3111 - New issue used to buy, redeem, or refund outstanding obligations

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.

31 U.S.C. § 3111

Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 942.

HISTORICAL AND REVISION NOTE
Revised SectionSource (U.S. Code)Source (Statutes at Large)
311131:754a.Sept. 24, 1917, ch. 56, 40 Stat. 288, §19; added Jan. 30, 1934, ch. 6, §14(a)(4), 48 Stat. 343; restated Mar. 28, 1942, ch. 205, §4, 56 Stat. 189.
The words "regulations of" are substituted for "rules, regulations, terms, and conditions ... may prescribe" to eliminate unnecessary words.