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22 U.S.C. § 3781

Assets and liabilities of Panama Canal Company

United States · Title 22 — FOREIGN RELATIONS AND INTERCOURSE · Status: effective

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22 U.S.C. § 3781, Assets and liabilities of Panama Canal Company, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/457431
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All property and other assets of the Panama Canal Company shall revert to the United States on October 1, 1979, and, except as otherwise provided by law, the United States shall assume the liabilities, including contractual obligations, of the Panama Canal Company then outstanding. The Commission may use such property, facilities, and records of the Panama Canal Company as are necessary to carry out its functions.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 96-70(H.R. 111)1979-09-27
    An act to provide for the operation and maintenance of the Panama Canal under the Panama Canal Treaty of 1977, and for other purposes.
    House: no recorded tallySenate: no recorded tally