10-U.S.C.-2345
§2345 – Liquidation of Accrued Credits and Liabilities
Pathway
Title 10 > Subtitle A > Part IV > Chapter 138 > Subchapter I > Section 2345
Details
- Reference: Section 2345
- Legend: §2345 – Liquidation of Accrued Credits and Liabilities
- USCode Year: 2013
Provision Content
(a) Credits and liabilities of the United States accrued as a result of acquisitions and transfers of logistic support, supplies, and services under the authority of this subchapter shall be liquidated not less often than once every 12 months by direct payment to the entity supplying such support, supplies, or services by the entity receiving such support, supplies, or services.
(b) Payment-in-kind or exchange entitlements accrued as a result of acquisitions and transfers of logistic support, supplies, and services under authority of this subchapter shall be satisfied within 12 months after the date of the delivery of the logistic support, supplies, or services.
(Added Pub. L. 96–323, §2(a), Aug. 4, 1980, 94 Stat. 1018, §2325; renumbered §2345, Pub. L. 99–145, title XIII, §1304(a)(1), Nov. 8, 1985, 99 Stat. 741; amended Pub. L. 99–661, div. A, title XI, §1104(c), Nov. 14, 1986, 100 Stat. 3965; Pub. L. 101–189, div. A, title IX, §931(e)(1), Nov. 29, 1989, 103 Stat. 1535; Pub. L. 103–337, div. A, title XIII, §1317(e), Oct. 5, 1994, 108 Stat. 2900.)
Amendments
1994—Subsec. (a). Pub. L. 103–337 substituted 12 months for three months.
1989—Subsecs. (a), (b). Pub. L. 101–189 substituted this subchapter for this chapter.
1986—Pub. L. 99–661 designated existing provisions as subsec. (a) and added subsec. (b).
1985—Pub. L. 99–145 renumbered section 2325 of this title as this section.
Effective Date of 1994 Amendment
Amendment by Pub. L. 103–337 applicable with regard to any acquisition or transfer of logistic support, supplies, and services under authority of this subchapter that is initiated after Oct. 5, 1994, see section 1317(j) of Pub. L. 103–337, set out as a note under section 2341 of this title.
U.S. Encyclopedia of Law Coverage
10-U.S.C.-2327 in the Legal Encyclopedia: General Military Law
In this entry about 10-U.S.C.-2327, find legal reference material, bibliographies and premiere content related to general military law in the American Encyclopedia of Law, presenting a comprehensive view of the United States general military law-specific issues, written by authorities in the field.
10-U.S.C.-2336 in the Legal Encyclopedia: Supply to Military
In this entry about 10-U.S.C.-2336, find legal reference material, bibliographies and premiere content related to supply to military in the American Encyclopedia of Law, presenting a comprehensive view of the United States supply to military-specific issues, written by authorities in the field.
Subchapter I – Acquisition and Cross-Servicing Agreements in the Legal Encyclopedia: Nato
In this entry about Subchapter I – Acquisition and Cross-Servicing Agreements, find legal reference material, bibliographies and premiere content related to nato in the American Encyclopedia of Law, presenting a comprehensive view of the United States nato-specific issues, written by authorities in the field.
7-U.S.C.-671 in the Legal Encyclopedia: Agreements
In this entry about 7-U.S.C.-671, find legal reference material, bibliographies and premiere content related to agreements in the American Encyclopedia of Law, presenting a comprehensive view of the United States agreements-specific issues, written by authorities in the field.
Leave a Reply