2015 US Code
Title 31 - Money and Finance (Sections 101 - 9705)
Subtitle III - Financial Management (Sections 3101 - 3907)
Chapter 31 - Public Debt (Sections 3101 - 3130)
Subchapter I - Borrowing Authority (Sections 3101 - 3113)
Sec. 3108 - Prohibition against circulation privilege

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 31 - MONEY AND FINANCE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 31 - MONEY AND FINANCE
SUBTITLE III - FINANCIAL MANAGEMENT
CHAPTER 31 - PUBLIC DEBT
SUBCHAPTER I - BORROWING AUTHORITY
Sec. 3108 - Prohibition against circulation privilege
Containssection 3108
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawYes
Dispositionstandard
Source CreditPub. L. 97-258, Sept. 13, 1982, 96 Stat. 942.
Statutes at Large References40 Stat. 288, 291, 1310
49 Stat. 21
55 Stat. 7, 8
80 Stat. 1515
96 Stat. 942
Public and Private LawsPublic Law 89-800, Public Law 97-258

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31 U.S.C. § 3108 (2015)
§3108. Prohibition against circulation privilege

An obligation issued under sections 3102–3104(a)(1) and 3105–3107 of this title may not bear the circulation privilege.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 942.)

Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
3108 31:753(d)(1st sentence). Sept. 24, 1917, ch. 56, 40 Stat. 288, §18(d)(1st sentence); added Mar. 3, 1919, ch. 100, §1, 40 Stat. 1310.
  31:757c(d)(last sentence). Sept. 24, 1917, ch. 56, 40 Stat. 288, §22(d)(last sentence); added Feb. 4, 1935, ch. 5, §6, 49 Stat. 21; restated Feb. 19, 1941, ch. 7, §3, 55 Stat. 8.
  31:757c–2(c)(last sentence). Sept. 24, 1917, ch. 56, 40 Stat. 288, §22A(c)(last sentence); added Nov. 8, 1966, Pub. L. 89–800, §5, 80 Stat. 1515.
  31:758. Sept. 24, 1917, ch. 56, §7(1st sentence), 40 Stat. 291.

The reference in 31:758 to certificates authorized under 31:757 is omitted because the authority under 31:757 was ended by section 2(b)(3) of the Public Debt Act of 1941 (ch. 7, 55 Stat. 7).

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