22-U.S.C.-294A

22-U.S.C.-294A

§294A – Contracts Requiring Payment In Foreign Currency

Pathway

Title 22 > Chapter 8 > Section 294a

Details

  • Reference: Section 294a
  • Legend: §294A – Contracts Requiring Payment In Foreign Currency
  • USCode Year: 2013

Provision Content

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.

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

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.

U.S. Encyclopedia of Law Coverage

22-U.S.C.-292 in the Legal Encyclopedia: Foreign Relations

In this entry about 22-U.S.C.-292, find legal reference material, bibliographies and premiere content related to foreign relations in the American Encyclopedia of Law, presenting a comprehensive view of the United States foreign relations-specific issues, written by authorities in the field.

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