Statute · United States Code

22 U.S.C. § 285l — Letter of credit form for United States Special Resources

22 U.S.C. § 285l

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
commercial

The United States Special Resources will be provided to the Bank in the form of a nonnegotiable, noninterest-bearing, letter of credit which shall be payable to the Bank at par value on demand to meet the cost of eligible goods and services, and administrative costs authorized pursuant to section 285j(c) of this title.

The United States Special Resources will be provided to the Bank in the form of a nonnegotiable, noninterest-bearing, letter of credit which shall be payable to the Bank at par value on demand to meet the cost of eligible goods and services, and administrative costs authorized pursuant to section 285j(c) of this title.