Title 12, Banks and BankingRelease 119-102

§635l Authorization for Appropriation of Funds for Losses

Title 12 › CHAPTER 6A — EXPORT-IMPORT BANK OF THE UNITED STATES › SUBCHAPTER II — EXPORT FINANCING › § 635l

Last updated Aug 21, 2026|Official source

Summary

Provides $100,000,000 to the Treasury Secretary, with no fiscal year limit, to cover any losses the Secretary must pay under the related law.

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

Aug 21, 2026

Release point: 119-102