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Title 48 — Territories and Insular Possessions

Chapter 7 — Virgin Islands

§ 1403b. Bond liability of United States

Statutory text

Bonds or other obligations issued pursuant to sections 1403 to 1403b of this title shall not be a debt of the United States, nor shall the United States be liable thereon.

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.

  1. Pub. L. 81–769 § 3 · 63 Stat. 940

    Enacted · 48 U.S.C. § 1403b

    (Oct. 27, 1949, ch. 769, § 3, 63 Stat. 941.)

    Source evidence

    Code source credit
    (Oct. 27, 1949, ch. 769, § 3, 63 Stat. 941.)

    Enacted provision · exact public law section
    Sec. 3. Bonds or other obligations issued pursuant to this Act shall Nonliability of U. S. not be a debt of the United States, nor shall the United States be liable thereon.

1 of 1 references resolved to an enrolled provision

Credits

(Oct. 27, 1949, ch. 769, § 3, 63 Stat. 941.)

Parsed from the official OLRC USLM XML in data/usc_all/usc48.xml · release point 119-108 · OLRC build 2026-04-17

USLM identifier /us/usc/t48/s1403b