§ 421. Contracts by Government agencies for defense articles, services, etc., for foreign governments in interests of United States
170 words·~1 min read·
/usc/title-22/section-421A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The President may, from time to time, when he deems it in the interest of national defense, authorize the head of any department or agency of the Government, to enter into contracts for the procurement of defense articles, information, or services for the government of any country whose defense the President deems vital to the defense of the United States, to the extent that such government agrees to pay the United States for such defense articles, information, or services prior to the receipt thereof and to make such payments from time to time as the President may require to protect the interests of the United States; and, upon payment of the full cost, the President may dispose of such articles, information, or services to such government:
Provided, That the total amount of the outstanding contracts under this section, less the amounts which have been paid to the United States under such contracts, shall at no time exceed $600,000,000.
(Oct. 28, 1941, ch. 460, title I, § 102, 55 Stat. 746.)
Connections1 cite this
Cited by 1 section
2 references not yet in our index
- Oct. 28, 1941, ch. 460
- 55 Stat. 746
Citation graph
cites case law
§ 421
Contracts by Government agencies for defense articles, services, etc., for foreign governments in interests of United States
U.S.C.×1
ActOct. 28, 1941, ch. 460
Stat.55 Stat. 746
Cites 2Cited by 1 across 1 source