22 U.S.C. § 294a — Contracts requiring payment in foreign currency

FEDERAL · 22 U.S.C. · Chapter 8

Contracts requiring payment in foreign currency

22 U.S.C. § 294a

Title22 — Foreign Relations and Intercourse

Chapter8 — FOREIGN SERVICE BUILDINGS

This text of 22 U.S.C. § 294a (Contracts requiring payment in foreign currency) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

22 U.S.C. § 294a.

Text

Whenever a contract is made for the construction, alteration, or repair of a Foreign Service building which requires payments in a foreign currency, the Secretary of State is authorized to purchase such currency at such times and in such amounts (within the total amount of the payments to be made under such contract) as he may deem necessary, the currency so purchased to be disbursed and accounted for at its cost price.

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Whenever a contract is made for the construction, alteration, or repair of a Foreign Service building which requires payments in a foreign currency, the Secretary of State is authorized to purchase such currency at such times and in such amounts (within the total amount of the payments to be made under such contract) as he may deem necessary, the currency so purchased to be disbursed and accounted for at its cost price.

Source Credit

History

(May 14, 1940, ch. 189, title I, 54 Stat. 186.)

Editorial Notes

Editorial Notes

Codification
Section was not enacted as a part of the Foreign Service Buildings Act, 1926, which comprises this chapter.

Prior Provisions
Prior similar provisions were contained in act June 29, 1939, ch. 248, title I, 53 Stat. 890.

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Bluebook (online)

22 U.S.C. § 294a, Counsel Stack Legal Research, https://law.counselstack.com/usc/22/294a.