Title 22, Foreign Relations and IntercourseRelease 119-110
§2430d Repayment of Principal
Title 22 › CHAPTER 32 — FOREIGN ASSISTANCE › SUBCHAPTER III–A — ENTERPRISE FOR THE AMERICAS INITIATIVE › § 2430d
Summary
New obligations must be paid back in U.S. dollars; principal goes into the U.S. Government account for obligations they replaced.
Full Legal Text
Title 22, §2430d
Foreign Relations and Intercourse, Source: USLM XML via OLRC
(a)Currency of payment
The principal amount of each new obligation issued pursuant to section 2430c(b) of this title shall be repaid in United States dollars.
(b)Deposit of payments
Principal repayments of new obligations shall be deposited in the United States Government account established for principal repayments of the obligations for which those obligations were exchanged.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 705 of Pub. L. 87–195, pt. IV, Sept. 4, 1961, 75 Stat. 463, amended section 1964 of this title, prior to repeal by Pub. L. 87–565, pt. IV, § 401, Aug. 1, 1962, 76 Stat. 263, except insofar as section 705 affected section 1964.
Reference
Citations & Metadata
Citation
22 U.S.C. § 2430d
Title 22, Foreign Relations and Intercourse
Last Updated
Sep 22, 2026
Release point: 119-110