Title 48Territories and Insular PossessionsRelease 119-73

§1403a Expenditure of bond proceeds for public improvements

Title 48 › Chapter CHAPTER 7— - VIRGIN ISLANDS › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › § 1403a

Last updated Apr 6, 2026|Official source

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Title 48, §1403a

Territories and Insular Possessions — Source: USLM XML via OLRC

The proceeds of the bond issues or other obligations herein authorized shall be expended only for the public improvements set forth in section 1403 of this title, or for the reduction of the debt created by such bond issue or obligation, unless otherwise authorized by the Congress.

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Citation

48 U.S.C. § 1403a

Title 48Territories and Insular Possessions

Last Updated

Apr 6, 2026

Release point: 119-73