---
type: "LegalText"
title: "31 U.S.C. § 3108"
description: "Prohibition against circulation privilege"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 31
title_name: "MONEY AND FINANCE"
chapter_number: "31"
chapter_name: "PUBLIC DEBT"
section: "3108"
citation: "31 U.S.C. § 3108"
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_usc31@119-100.zip"
source_identifier: "/us/usc/t31/s3108"
source_file: "data/legal/raw/us/code/title-31/usc31.xml"
source_hash: "c012d71a7bda2edc98efd6cae77ed8f968568d7f1e17e826ab2d8b3a4c58b573"
raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
text_hash: "798814ac3d2c05bb07b0966c83c873564c22f571fbf6f777eb4e2957dc11d769"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 31 U.S.C. § 3108 - Prohibition against circulation privilege

## Text

An obligation issued under sections 3102–3104(a)(1) and 3105–3107 of this title may not bear the circulation privilege.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 942.)

## Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 310831:753(d)(1st sentence).Sept. 24, 1917, ch. 56, 40 Stat. 288, § 18(d)(1st sentence); added Mar. 3, 1919, ch. 100, § 1, 40 Stat. 1310. 31:757c(d)(last sentence).Sept. 24, 1917, ch. 56, 40 Stat. 288, § 22(d)(last sentence); added Feb. 4, 1935, ch. 5, § 6, 49 Stat. 21; restated Feb. 19, 1941, ch. 7, § 3, 55 Stat. 8. 31:757c–2(c)(last sentence).Sept. 24, 1917, ch. 56, 40 Stat. 288, § 22A(c)(last sentence); added Nov. 8, 1966, Pub. L. 89–800, § 5, 80 Stat. 1515. 31:758.Sept. 24, 1917, ch. 56, § 7(1st sentence), 40 Stat. 291. The reference in 31:758 to certificates authorized under 31:757 is omitted because the authority under 31:757 was ended by section 2(b)(3) of the Public Debt Act of 1941 (ch. 7, 55 Stat. 7).