Title 22 › Chapter CHAPTER 39— - ARMS EXPORT CONTROL › Subchapter SUBCHAPTER VI— - LEASES OF DEFENSE ARTICLES AND LOAN AUTHORITY FOR COOPERATIVE RESEARCH AND DEVELOPMENT PURPOSES › § 2796a
Before making or renewing any lease or loan of a defense item for one year or longer to a foreign country or international group, the President must send a written certification to the Speaker of the House, the House Foreign Affairs Committee, and the chairs of the Senate Foreign Relations and Armed Services Committees. The certification must say who will get the item, what type and how many (and the replacement cost), the lease or loan terms and length, and why the item is being leased or loaned instead of sold. The President can skip the waiting rules if he says an emergency requires immediate action and includes a detailed explanation of the emergency and the national security reasons. The certification must be sent at least 15 calendar days before the agreement for NATO members or Australia, Japan, the Republic of Korea, Israel, or New Zealand, and at least 30 calendar days before for any other country or group.
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Foreign Relations and Intercourse — Source: USLM XML via OLRC
Legislative History
Reference
Citation
22 U.S.C. § 2796a
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73