[USC02] 22 USC 2774: Foreign military sales credit standards
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22 USC 2774: Foreign military sales credit standards Text contains those laws in effect on August 6, 2020
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 39-ARMS EXPORT CONTROLSUBCHAPTER III-MILITARY EXPORT CONTROLS

§2774. Foreign military sales credit standards

The President shall establish standards and criteria for credit and guaranty transactions under sections 2763 and 2764 of this title in accordance with the foreign, national security, and financial policies of the United States.

( Pub. L. 90–629, ch. 3, §34, Oct. 22, 1968, 82 Stat. 1325 .)

Effective Date

Section effective July 1, 1968, see section 41 of Pub. L. 90–629, set out as a note under section 2751 of this title.

Delegation of Functions

For delegation of functions of the President under this section, with certain conditions, see section 1(h) of Ex. Ord. No. 13637, Mar. 8, 2013, 78 F.R. 16129, set out as a note under section 2751 of this title. Functions were previously delegated by Ex. Ord. No. 11958, which was formerly set out as a note under section 2751 of this title and was revoked, subject to a savings provision, by section 4 of Ex. Ord. No. 13637.