Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
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.
Cite this article: FindLaw.com - 22 U.S.C. § 294a - U.S. Code - Unannotated Title 22. Foreign Relations and Intercourse § 294a. Contracts requiring payment in foreign currency - last updated January 01, 2018 | https://codes.findlaw.com/us/title-22-foreign-relations-and-intercourse/22-usc-sect-294a/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.