31 USC 3108 - Sec. 3108. Prohibition against circulation privilege

31 USC - US Code - Title 31: Money and Finance (January 2003)


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Text:

An obligation issued under sections 3102-3104(a)(1) and 3105-3107 of this title may not bear the circulation privilege.


Historical And Revision Notes

Revised Source (U.S. Code) Source (Statutes at Large) Section

3108 31:753(d)(1st Sept. 24, 1917, ch. 56, 40 sentence). Stat. 288, Sec. 18(d)(1st sentence); added Mar. 3, 1919, ch. 100, Sec. 1, 40 Stat. 1310. 31:757c(d)(last Sept. 24, 1917, ch. 56, 40 sentence). Stat. 288, Sec. 22(d)(last sentence); added Feb. 4, 1935, ch. 5, Sec. 6, 49 Stat. 21; restated Feb. 19, 1941, ch. 7, Sec. 3, 55 Stat. 8. 31:757c-2(c)(last Sept. 24, 1917, ch. 56, 40 sentence). Stat. 288, Sec. 22A(c)(last sentence); added Nov. 8, 1966, Pub. L. 89-800, Sec. 5, 80 Stat. 1515. 31:758. Sept. 24, 1917, ch. 56, Sec. 7(1st sentence), 40 Stat. 291.

The reference in 31:758 to certificates authorized under 31:757 is omitted because the authority under 31:757 was ended by section 2(b)(3) of the Public Debt Act of 1941 (ch. 7, 55 Stat. 7).

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