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Title 48 — Territories and Insular Possessions

Chapter 14 — Trust Territory of the Pacific Islands

§ 1688. Trust Territory of the Pacific Islands Economic Development Loan Fund

Statutory text

For the purpose of promoting economic development in the Trust Territory of the Pacific Islands, there is authorized to be appropriated to the Secretary of the Interior, for payment to the government of the Trust Territory of the Pacific Islands as a grant in accordance with the provisions of sections 1688 to 1693 of this title, an amount which when added to the development fund established pursuant to section 3 of the Act of August 22, 1964 (78 Stat. 601), as augmented by subsequent Federal grants, will create a total fund of $5,000,000, which shall thereafter be known as the Trust Territory Economic Development Loan Fund.

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. 92–257 § 1 · 86 Stat. 87

    Enacted · 48 U.S.C. § 1688

    (Pub. L. 92–257, § 1, Mar. 21, 1972, 86 Stat. 87.)

    Source evidence

    Code source credit
    (Pub. L. 92–257, § 1, Mar. 21, 1972, 86 Stat. 87.)

    Enacted provision · exact public law section
    Section 1. For the purpose of promoting economic development in the Trust Territory of the Pacific Islands, there is authorized to be appropriated to the Secretary of the Interior, for payment to the government of the Trust Territory of the Pacific Islands as a grant in accordance with the provisions of this title, an amount which when added to the development fund established pursuant to section 3 of the Act of August 22, 1964 (78 Stat. 601), as augmented by subsequent Federal grants, will create a total fund of $5,000,000, which shall thereafter be known as the Trust Territory Economic Development Loan Fund.

1 of 1 references resolved to an enrolled provision

Editorial Notes

References in Text

Section 3 of the Act of August 22, 1964, referred to in text, is section 3 of act , Pub. L. 88–487, 78 Stat. 601, which is not classified to the Code.

Credits

(Pub. L. 92–257, § 1, , 86 Stat. 87.)

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/s1688