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22 U.S.C. § 2774 — Foreign military sales credit standards

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The President shall establish standards and criteria for credit and guaranty transactions under sections 2763 and 2764 of this title in accordance with the foreign, national security, and financial policies of the United States. ( Pub. L. 90–629 , ch. 3, § 34, Oct. 22, 1968 , 82 Stat. 1325 .) Statutory Notes and Related Subsidiaries Effective Date Section effective July 1, 1968 , see section 41 of Pub. L. 90–629 , set out as a note under section 2751 of this title . Executive Documents Delegation of Functions For delegation of functions of the President under this section, with certain conditions, see section 1(h) of Ex. Ord. No. 13637 , Mar. 8, 2013 , 78 F.R. 16129 , set out as a note under section 2751 of this title . Functions were previously delegated by Ex. Ord. No. 11958 , which was formerly set out as a note under section 2751 of this title and was revoked, subject to a savings provision, by section 4 of Ex. Ord. No. 13637 . CFR Title Parts 31 539

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