Pub. L. 90-629, ch. 3, sec. 37

Fiscal Provisions Relating to Foreign Military Sales Credits.—

EnactedYear: 1968Length: 95 wordsOfficial source
Sec. 37. Fiscal Provisions Relating to Foreign Military Sales Credits.— (a) Cash payments received under sections 21 and 22 and advances received under section 23 shall be available solely for payments to suppliers (including the military departments) and refunds to purchasers and shall not be available for financing credits and guaranties. (b) Amounts received from foreign governments and international organizations as repayments for credits extended pursuant to section 23, amounts received from the disposition of instruments evidencing indebtedness, and other collections (including fees and interest) shall be transferred to the miscellaneous receipts of the Treasury.
Pub. L. 90-629, ch. 3, sec. 37: Fiscal Provisions Relating to Foreign Military Sales Credits.— | Justis AI