Title 22 › CHAPTER 39 — ARMS EXPORT CONTROL › SUBCHAPTER VI — LEASES OF DEFENSE ARTICLES AND LOAN AUTHORITY FOR COOPERATIVE RESEARCH AND DEVELOPMENT PURPOSES › § 2796a
Before making or renewing a lease or loan of any defense article 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, the chair of the Senate Foreign Relations Committee, and the chair of the Senate Armed Services Committee. The certification must name the country or group, describe the type, amount, and replacement cost value of the equipment, state the terms and length of the lease or loan, and explain why it is being leased or loaned instead of sold. The President can skip these timing rules if an emergency requires immediate action. If so, the certification must say an emergency exists and give a detailed explanation of the emergency and the national security reasons. The certification must be sent at least 15 calendar days before the agreement if it involves NATO members, Australia, Japan, the Republic of Korea, Israel, or New Zealand, and at least 30 calendar days before for any other country or group.
Full Legal Text
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
Sep 22, 2026
Release point: 119-110