Title 22 — Foreign Relations and Intercourse
Part 5 · Chapter 51 — Panama Canal
§ 3781. Assets and liabilities of Panama Canal Company
Statutory text
All property and other assets of the Panama Canal Company shall revert to the United States on , and, except as otherwise provided by law, the United States shall assume the liabilities, including contractual obligations, of the Panama Canal Company then outstanding. The Commission may use such property, facilities, and records of the Panama Canal Company as are necessary to carry out its functions.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Panama Canal Act of 1979
Pub. L. 96–70 title I § 1501 · 93 Stat. 452
Enacted · 22 U.S.C. § 3781
(Pub. L. 96–70, title I, § 1501, Sept. 27, 1979, 93 Stat. 487.)
Source evidence
Code source credit
(Pub. L. 96–70, title I, § 1501, Sept. 27, 1979, 93 Stat. 487.)Enacted provision · exact public law section
Sec. 1501. assets and liabilities of panama canal company All property and other assets of the Panama Canal Investigations. 22 USC 3781. Company shall revert to the United States on the effective date of this Act, and, except as otherwise provided by law, the United States shall assume the liabilities, including contractual obligations, of the Panama Canal Company then outstanding. The Commission may use such property, facilities, and records of the Panama Canal Company as are necessary to carry out its functions.
1 of 1 references resolved to an enrolled provision