Federal · Title 22 — Foreign Relations and Intercourse
22 U.S.C. § 3714: Borrowing authority
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which shall have maturities (of not later than December 31, 1999 ) agreed upon by the Commission and the Secretary of the Treasury, and which may be redeemable at the option of the Commission before maturity. Amounts borrowed under this section shall not be available for payments to Panama under Article XIII of the Panama Canal Treaty of 1977. Amounts borrowed under this section shall increase the investment of the United States in the Panama Canal, and repayment of such amounts shall decrease such investment. The Commission shall report to the Congress and to the Office of Management and Budget on each exercise of borrowing authority under this section.
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