Page:United States Statutes at Large Volume 101 Part 1.djvu/864

 101 STAT. 834
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31 USC 5112

PUBLIC LAW 100-141—OCT. 28, 1987 (1) all amounts received from the sale of coins issued under this Act shall be deposited in the coinage profit fund; (2) the Secretary shall pay the amounts authorized under this Act from the coinage profit fund; and (3) the Secretary shall charge the coinage profit fund with all expenditures under this Act.

SEC. 11. FINANCIAL ASSURANCES.

(a) No NET COST TO THE GOVERNMENT.—The Secretary shall take all actions necessary to ensure that the issuance of the coins authorized by this Act shall result in no net cost to the United States Government. (h) ADEQUATE SECURITY FOR PAYMENT REQUIRED.—No coin shall be issued under this Act unless the Secretary has received— (1) full payment therefor; ''s (2) security satisfactory to the Secretary to indemnify the United States for full payment; or Insurance. ^^ (3) a guarantee of full payment satisfactory to the Secretary • ^ from a depository institution whose deposits are insured by the Federal Deposit Insurance Corporation, the Federal Savings •J. » •>.; and Loan Insurance Corporation, or the National Credit Union Administration Board. Approved October 28, 1987.

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LEGISLATIVE HISTORY—H.R. 2741: SENATE REPORTS: No. 100-197 (Comm. on Banking, Housing, and Urban Affairs). CONGRESSIONAL RECORD, Vol. 133 (1987): Aug. 6, considered and passed House. Oct. 13, considered and passed Senate, amended. • '.i Oct. 14, House concurred in Senate amendment.

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