Title 48, Territories and Insular PossessionsRelease 119-102

§1403b Bond Liability of United States

Title 48 › CHAPTER 7 — VIRGIN ISLANDS › SUBCHAPTER I — GENERAL PROVISIONS › § 1403b

Last updated Aug 21, 2026|Official source

Summary

If bonds or other obligations are issued under sections 1403 through 1403b, they do not count as U.S. government debt and the United States is not responsible for paying them.

Full Legal Text

Title 48, §1403b

Territories and Insular Possessions, Source: USLM XML via OLRC

Bonds or other obligations issued pursuant to sections 1403 to 1403b of this title shall not be a debt of the United States, nor shall the United States be liable thereon.

Reference

Citations & Metadata

Citation

48 U.S.C. § 1403b

Title 48, Territories and Insular Possessions

Last Updated

Aug 21, 2026

Release point: 119-102