---
type: "LegalText"
title: "12 U.S.C. § 635l"
description: "Authorization for appropriation of funds for losses"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "6A"
chapter_name: "EXPORT-IMPORT BANK OF THE UNITED STATES"
section: "635l"
citation: "12 U.S.C. § 635l"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s635l"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "88357c38c6d782b854c2737aa96d8dbf2075f8111bdb8ef1d90e4f8208eb4e36"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "e44e2a63973ae35af091e4717381ea7938d5eec5e222dde1e078fbe00904fd15"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 635l - Authorization for appropriation of funds for losses

## Text

There are hereby authorized to be appropriated to the Secretary of the Treasury without fiscal year limitation $100,000,000 to cover the amount of any losses which are to be borne by the Secretary of the Treasury as provided in section 635k of this title.

(Pub. L. 90–390, § 3, July 7, 1968, 82 Stat. 297.)