22 USC § 3781 - Assets and liabilities of Panama Canal Company

---
identifier: "/us/usc/t22/s3781"
source: "usc"
legal_status: "official_prima_facie"
title: "22 USC § 3781 - Assets and liabilities of Panama Canal Company"
title_number: 22
title_name: "FOREIGN RELATIONS AND INTERCOURSE"
section_number: "3781"
section_name: "Assets and liabilities of Panama Canal Company"
chapter_number: 51
chapter_name: "PANAMA CANAL"
subchapter_number: "I"
subchapter_name: "ADMINISTRATION AND REGULATIONS"
part_number: "5"
part_name: "Public Property"
positive_law: false
currency: "119-84"
last_updated: "2026-03-26"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 96–70, title I, § 1501, Sept. 27, 1979, 93 Stat. 487.)"
---


# § 3781. Assets and liabilities of Panama Canal Company

October 1, 1979

All property and other assets of the Panama Canal Company shall revert to the United States on , 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.

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**Source Credit**: (Pub. L. 96–70, title I, § 1501, Sept. 27, 1979, 93 Stat. 487.)