# 22 U.S.C. § 2355: Retention and use of certain items and funds

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t22_s2355

## Section

- **Citation:** 22 U.S.C. § 2355
- **Heading:** Retention and use of certain items and funds
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 9, 2026
- **Source:** Publisher's official text
- **Location:** Title 22—FOREIGN RELATIONS AND INTERCOURSE > CHAPTER 32—FOREIGN ASSISTANCE > SUBCHAPTER III—GENERAL AND ADMINISTRATIVE PROVISIONS > Part I—General Provisions

## Text

Any commodities and defense articles procured to carry out this chapter shall be retained by, or upon reimbursement, transferred to, and for the use of, such agency of the United States Government as the President may determine in lieu of being disposed of to a foreign country or international organization, whenever in the judgment of the President the best interests of the United States will be served thereby, or whenever such retention is called for by concurrent resolution. Any commodities or defense articles so retained may be disposed of without regard to provisions of law relating to the disposal of property owned by the United States Government, when necessary to prevent spoilage or wastage of such commodities or defense articles or to conserve the usefulness thereof. Funds realized from any disposal or transfer shall revert to the respective appropriation, fund, or account used to procure such commodities or defense articles or to the appropriation, fund, or account currently available for the same general purpose.

( Pub. L. 87–195 , pt. III, § 605, Sept. 4, 1961 , 75 Stat. 440 ; Pub. L. 89–171 , pt. III, § 301(a), Sept. 6, 1965 , 79 Stat. 658 .)

## Nearby sections

- [22 U.S.C. § 2351 Encouragement of free enterprise and private participation](https://www.frixlaw.com/law-library/statutes/usc_t22_s2351.md)
- [22 U.S.C. § 2352 Small business](https://www.frixlaw.com/law-library/statutes/usc_t22_s2352.md)
- [22 U.S.C. § 2353 Shipping on United States vessels](https://www.frixlaw.com/law-library/statutes/usc_t22_s2353.md)
- [22 U.S.C. § 2354 Procurement](https://www.frixlaw.com/law-library/statutes/usc_t22_s2354.md)
- [22 U.S.C. § 2355 Retention and use of certain items and funds](https://www.frixlaw.com/law-library/statutes/usc_t22_s2355.md)
- [22 U.S.C. § 2356 Patents and technical information](https://www.frixlaw.com/law-library/statutes/usc_t22_s2356.md)
- [22 U.S.C. § 2357 Furnishing of services and commodities](https://www.frixlaw.com/law-library/statutes/usc_t22_s2357.md)
- [22 U.S.C. § 2358 Foreign and domestic excess property](https://www.frixlaw.com/law-library/statutes/usc_t22_s2358.md)
- [22 U.S.C. § 2359 Repealed. Pub. L. 105–277, div. A, § 101(d) [title V, § 533(a)(5)] , Oct. 21, 1998 , 112 Stat. 2681–150 , 2681–180](https://www.frixlaw.com/law-library/statutes/usc_t22_s2359.md)
- [22 U.S.C. § 2360 Transfer of funds between accounts](https://www.frixlaw.com/law-library/statutes/usc_t22_s2360.md)
- [22 U.S.C. § 2361 Completion of plans and cost estimates](https://www.frixlaw.com/law-library/statutes/usc_t22_s2361.md)
- [22 U.S.C. § 2362 Use of foreign currencies](https://www.frixlaw.com/law-library/statutes/usc_t22_s2362.md)
- [22 U.S.C. § 2363 Accounting, valuation, reporting, and administration of foreign currencies](https://www.frixlaw.com/law-library/statutes/usc_t22_s2363.md)
- [22 U.S.C. § 2364 Special authorities](https://www.frixlaw.com/law-library/statutes/usc_t22_s2364.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t22_s2355. Check the current official text before relying on it. Not legal advice.