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Code · BILL · 113th Congress · H.R. 1793 (Introduced in House) — To establish a framework for effective, transparent, and accountable United States foreign assistance, and for other... · Sec. 4363

Sec. 4363. Proceeds of sale of retransferred defense articles

60 words·~1 min read·/bill/113/hr/1793/ih/section-4363

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The Secretary may not provide any defense article to a foreign country or international organization on a grant basis unless the country or organization has agreed that in disposing or transferring the defense article— the disposition or transfer will be made on a sales basis; and the net proceeds of the sale will be provided to the United States Government.
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