Provisions similar to those in this section were contained in section 853k of this title prior to repeal by Pub. L. 107–372.

2022—Subsec. (a). Pub. L. 117–263 substituted “be retired or separated (as specified in section 1251(e) of title 10)” for “be retired”.

Functions of President under subsec. (b) of this section delegated to Secretary of Commerce by section 1(e) of Ex. Ord. No. 11023, May 28, 1962, 27 F.R. 5131, as amended, set out as a note under section 301 of Title 3, The President.