Federal · Title 48 — Territories and Insular Possessions

48 U.S.C. § 1403a: Expenditure of bond proceeds for public improvements

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The proceeds of the bond issues or other obligations herein authorized shall be expended only for the public improvements set forth in section 1403 of this title , or for the reduction of the debt created by such bond issue or obligation, unless otherwise authorized by the Congress.

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