2020 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 8 - Foreign Service Buildings
Sec. 294a - Contracts requiring payment in foreign currency

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Citation 22 U.S.C. § 294a (2020)
Section Name ยง294a. Contracts requiring payment in foreign currency
Section 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.

Source Credit

(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.

Publication Title United States Code, 2018 Edition, Supplement 2, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 8 - FOREIGN SERVICE BUILDINGS
Sec. 294a - Contracts requiring payment in foreign currency
Contains section 294a
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law No
Disposition standard
Statutes at Large References 53 Stat. 890
54 Stat. 186
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