Cash Sales From Stock.—

Sec. 21. Cash Sales From Stock.— The President may sell defense articles from the stocks of the Department of Defense and defense services of the Department of Defense to any friendly country or international organization if such country or international organization agrees to pay not less than the value thereof in United States dollars. Payment shall be made in advance or, as determined by the President to be in the best interests of the United States, within a reasonable period, not to exceed one hundred and twenty days after the delivery of the defense articles or the rendering of the defense services.