Title 12 — Banks and BankingRelease 119-73not60
§635l Authorization for Appropriation of Funds for Losses
Title 12 › Chapter 6A— EXPORT-IMPORT BANK OF THE UNITED STATES › Subchapter II— EXPORT FINANCING › § 635l
Summary
Congress may provide $100,000,000 to the Treasury Secretary, without a fiscal-year time limit, to cover losses the Secretary must pay under section 635k.
Full Legal Text
Title 12, §635l
Banks and Banking — Source: USLM XML via OLRC
There are hereby authorized to be appropriated to the Secretary of the Treasury without fiscal year limitation $100,000,000 to cover the amount of any losses which are to be borne by the Secretary of the Treasury as provided in section 635k of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 635l
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60