15 USC 713a-11a - Interest prohibited when reimbursing Corporation for net realized losses

United States Code

USC most recently checked for updates: Sep 22, 2023

§ 713a-11. Annual appropriations to reimburse Commodity Credit Corporation for net realized loss

§ 713a-12. Deposit of net realized gain of Commodity Credit Corporation in Treasury

U.S. Code
Notes

§ 713a–11a.

Interest prohibited when reimbursing Corporation for net realized losses

After September 30, 1964, the portion of borrowings from Treasury equal to the unreimbursed realized losses recorded on the books of the Commodity Credit Corporation after September 30 of the fiscal year in which such losses are realized, shall not bear interest and interest shall not be accrued or paid thereon.

(Pub. L. 89–316, title III, § 301, Nov. 2, 1965, 79 Stat. 1178; Pub. L. 94–273, § 2(6), Apr. 21, 1976, 90 Stat. 375.)

cite as: 15 USC 713a-11a