22 USC 3402 - Supplemental authorization of foreign military sales loan guaranties for Egypt and Israel

U.S Code last checked for updates: Nov 22, 2024

§ 3402.

Supplemental authorization of foreign military sales loan guaranties for Egypt and Israel

(a)

Congressional findings; use of Arms Export Control Act procedures

(b)

Authorization of appropriation

(c)

Principal amounts of guaranteed loans

(d)

Repayment schedule

(e)

Modification of terms of guaranteed loans

(1)

The Congress finds that the Governments of Israel and Egypt each have an enormous external debt burden which may be made more difficult by virtue of the financing authorized by this section. The Congress further finds that, as a consequence of the impact of the debt burdens incurred by Israel and Egypt under such financing, it may become necessary in future years to modify the terms of the loans guaranteed with funds made available pursuant to this section.

(2)

Repealed. Pub. L. 97–113, title VII, § 734(a)(4), Dec. 29, 1981, 95 Stat. 1560.

(Pub. L. 96–35, § 4, July 20, 1979, 93 Stat. 90; Pub. L. 97–113, title VII, § 734(a)(4), Dec. 29, 1981, 95 Stat. 1560.)

cite as: 22 USC 3402