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Code · U.S. Code · Title 10 - ARMED FORCES · CHAPTER 277— CONTRACT FINANCING · § 3803

Aa

§ 3803. Security for advance payments

298 words·~1 min read·/usc/title-10/section-3803

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Advance payments made under section 3801 of this title may be made only if the contractor gives adequate security and after a determination by the head of the agency that to do so would be in the public interest. Such security may be in the form of a lien in favor of the United States on the property contracted for, on the balance in an account in which such payments are deposited, and on such of the property acquired for performance of the contract as the parties may agree. This lien is paramount to any other liens and is effective immediately upon the first advancement of funds without filing, notice, or any other action by the United States.

(Added and amended Pub. L. 116–283, div. A, title XVIII, § 1834(a), (d), Jan. 1, 2021, 134 Stat. 4234, 4236.)

Connections4 cite this · traces to 3

Cited by 4 sections

public-private-law

Public Law 116-283
William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021

U.S. Code

§ 3805
Payments for commercial products and commercial services

statute-compilations

Sec. 1834
CONTRACT FINANCING

statutes-at-large

Public Law 116–283
To authorize appropriations for fiscal year 2021 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes

Traces to 3 documents

U.S. Code

public-private-law

William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021
Public Law 116-283

8 references not yet in our index

134 Stat. 4234
section 2307 of this title
act Aug. 10, 1956, ch. 1041
70A Stat. 131
Pub. L. 85–800, § 9
72 Stat. 967
Pub. L. 103–355, title II, § 2001(a)(4)
108 Stat. 3301

Citation graph

cites case law

§ 3803

Security for advance payments

Pub. L.×1

Stat. Comp.×1

Stat.×1

U.S.C.×1

Pub. L.Public Law 116-283

Stat.134 Stat. 4234

Citesection 2307 of this title

Actact Aug. 10, 1956, ch. 1041

Stat.70A Stat. 131

Pub. L.Pub. L. 85–800, § 9

Cites 11 · showing 8Cited by 4 across 4 sources