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Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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---
type: "LegalText"
title: "31 U.S.C. § 3111"
description: "New issue used to buy, redeem, or refund outstanding obligations"
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: "3111"
citation: "31 U.S.C. § 3111"
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/s3111"
source_file: "data/legal/raw/us/code/title-31/usc31.xml"
source_hash: "4a6cd7c557567a2ce5585701048aecf771894281db03c1ca19818720966e59c2"
raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
text_hash: "8cf1f52c73e7071ae25c42c395401ec224169862facd5fc8ab7eacf42dae7b77"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 31 U.S.C. § 3111 - New issue used to buy, redeem, or refund outstanding obligations
## Text
An obligation may be issued under this chapter to buy, redeem, or refund, at or before maturity, outstanding bonds, notes, certificates of indebtedness, Treasury bills, or savings certificates of the United States Government. Under regulations of the Secretary of the Treasury, money received from the sale of an obligation and other money in the general fund of the Treasury may be used in making the purchases, redemptions, or refunds.
(Pub. L. 97258, Sept. 13, 1982, 96 Stat. 942.)
## Notes
Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 311131:754a.Sept. 24, 1917, ch. 56, 40 Stat. 288, § 19; added Jan. 30, 1934, ch. 6, § 14(a)(4), 48 Stat. 343; restated Mar. 28, 1942, ch. 205, § 4, 56 Stat. 189. The words “regulations of” are substituted for “rules, regulations, terms, and conditions . . . may prescribe” to eliminate unnecessary words.