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Code · STATUTE-COMPILATIONS · National Defense Authorization Act for Fiscal Year 2017 · Sec. 1083

Sec. 1083. LIQUIDATION OF UNPAID CREDITS ACCRUED AS A RESULT OF TRANSACTIONS UNDER A CROSS-SERVICING AGREEMENT

271 words·~1 min read·/statute-compilations/comps-13740/sec-1083

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## SEC. 1083 LIQUIDATION OF UNPAID CREDITS ACCRUED AS A RESULT OF TRANSACTIONS UNDER A CROSS-SERVICING AGREEMENT ###
(a)Liquidation of Unpaid Credits Section 2345 of title 10, United States Code, is amended by adding at the end the following new subsection: > > ### “(c) > > > ####
(1)> > Any credits of the United States accrued as a result of the provision of logistic support, supplies, and services under the authority of this subchapter that remain unliquidated more than 18 months after the date of delivery of the logistic support, supplies, or services may, at the option of the Secretary of Defense, with the concurrence of the Secretary of State, be liquidated by offsetting the credits against any amount owed by the Department of Defense, pursuant to a transaction or transactions concluded under the authority of this subchapter, to the government or international organization to which the logistic support, supplies, or services were provided by the United States. > > > #### “(2) > > The amount of any credits offset pursuant to paragraph
(1)shall be credited as specified in section 2346 of this title as if it were a receipt of the United States.” > . ###
(b)Effective Date **[**[10 U.S.C. 2345 note](/us/usc/t10/s2345)**]** Subsection
(c)of section 2345 of title 10, United States Code, as added by subsection (a), shall apply with respect to credits accrued by the United States that— ####
(1)were accrued prior to, and remain unpaid as of, the date of the enactment of this Act; or ####
(2)are accrued after the date of the enactment of this Act.
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Sec. 1083
LIQUIDATION OF UNPAID CREDITS ACCRUED AS A RESULT OF TRANSACTIONS UNDER A CROSS-SERVICING AGREEMENT
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