Source: http://www.law.cornell.edu/uscode/text/22/2795?qt-us_code_tabs=0
Timestamp: 2014-08-23 12:10:48
Document Index: 422698284

Matched Legal Cases: ['§ 2795', '§ 2795', '§ 2795', '§ 51', '§ 108', '§ 121', '§ 1', '§ 110', '§ 4', '§ 145', '§ 2151', '§ 121', '§ 1']

22 U.S. Code § 2795 - Fund | LII / Legal Information Institute
U.S. Code › Title 22 › Chapter 39 › Subchapter V › § 2795 22 U.S. Code § 2795 - Fund
Establishment; purposes; special requirements and responsibilities; continuous orders for certain articles and services; articles for narcotics control purposes (1)
Collections in Fund The Fund shall consist of—
collections from sales made under letters of offer issued pursuant to section 2761
(a)(1)(A) of this title representing the actual value of defense articles not intended to be replaced in stock,
collections from sales made under letters of offer (or transfers made under the Foreign Assistance Act of 1961 [22 U.S.C. 2151 et seq.]) of defense articles and defense services acquired under this subchapter, representing the value of such items calculated in accordance with subparagraph (B) or (C) of section 2761
(a)(1) of this title or section 2762 of this title or section 644(m) of the Foreign Assistance Act of 1961 [22 U.S.C. 2403
(m)], as appropriate,
The size of the Fund may not exceed such dollar amount as is prescribed in section 114
(c) of title 10. For purposes of this limitation, the size of the Fund is the amounts in the Fund plus the value (in terms of acquisition cost) of the defense articles acquired under this subchapter which have not been transferred from the Fund in accordance with this subchapter.
(Pub. L. 90–629, ch. 5, § 51, as added Pub. L. 97–113, title I, § 108(a),Dec. 29, 1981, 95 Stat. 1522; amended Pub. L. 99–83, title I, § 121,Aug. 8, 1985, 99 Stat. 204; Pub. L. 99–139, § 1(a),Oct. 30, 1985, 99 Stat. 562; Pub. L. 99–433, title I, § 110(h)(1),Oct. 1, 1986, 100 Stat. 1004; Pub. L. 101–231, § 4,Dec. 13, 1989, 103 Stat. 1957; Pub. L. 104–164, title I, § 145(b),July 21, 1996, 110 Stat. 1434.)
The Foreign Assistance Act of 1961, referred to in subsecs. (a) and (b)(3), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, as amended, which is classified principally to chapter 32 (§ 2151 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables.
1996—Subsec. (a)(4). Pub. L. 104–164redesignated subpar. (A) as entire par. (4) and struck out subpar. (B) which read as follows: “Each report pursuant to section 2795b
(a) of this title shall designate the defense articles that have been acquired or are to be acquired pursuant to this paragraph and the defense articles acquired under this subchapter that were transferred for use in narcotics control purposes.”
1989—Subsec. (a)(4). Pub. L. 101–231added par. (4).
1986—Subsec. (c)(1). Pub. L. 99–433substituted “section 114(c)” for “section 138(g)”.
1985—Subsec. (a)(3). Pub. L. 99–83, § 121(a), added par. (3).
Subsec. (b). Pub. L. 99–139amended subsec. (b) generally, so as to read similar to how it read prior to the amendment by Pub. L. 99–83.
Pub. L. 99–83amended subsec. (b) to read as follows: “The Fund shall consist of collections from sales made under letters of offer, or transfers made under the Foreign Assistance Act of 1961, of defense articles and defense services acquired under this subchapter (representing the value of such items calculated in accordance with subparagraph (B) or (C) of section 2761
(a)(1) of this title or section 2762 of this title or section 644(m) of the Foreign Assistance Act of 1961, as appropriate), together with such funds as may be authorized and appropriated or otherwise made available for the purposes of the Fund.”
Pub. L. 99–139, § 1(b),Oct. 30, 1985, 99 Stat. 562, provided that: “The amendment made by subsection (a) [amending this section] shall take effect as of October 1, 1985.”