# 22 U.S.C. § 2763: Credit sales

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t22_s2763

## Section

- **Citation:** 22 U.S.C. § 2763
- **Heading:** Credit sales
- **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 39—ARMS EXPORT CONTROL > SUBCHAPTER II—FOREIGN MILITARY SALES AUTHORIZATIONS

## Text

The President is authorized to finance the procurement of defense articles, defense services, and design and construction services by friendly foreign countries and international organizations, on such terms and conditions as he may determine consistent with the requirements of this section. Notwithstanding any other provision of law, and subject to the regular notification requirements of the Committees on Appropriations, the authority of this section may be used to provide financing to Israel and Egypt for the procurement by leasing (including leasing with an option to purchase) of defense articles from United States commercial suppliers, not including Major Defense Equipment (other than helicopters and other types of aircraft having possible civilian application), if the President determines that there are compelling foreign policy or national security reasons for those defense articles being provided by commercial lease rather than by government-to-government sale under this chapter.

( Pub. L. 90–629 , ch. 2, § 23, Oct. 22, 1968 , 82 Stat. 1324 ; Pub. L. 93–559, § 45(a)(2) , Dec. 30, 1974 , 88 Stat. 1813 ; Pub. L. 94–329, title II, § 208(a) , June 30, 1976 , 90 Stat. 739 ; Pub. L. 96–533, title I, § 105(b)(3) , Dec. 16, 1980 , 94 Stat. 3134 ; Pub. L. 99–83, title I, § 102 , Aug. 8, 1985 , 99 Stat. 195 ; Pub. L. 100–202, § 101(e) [title V, § 572] , Dec. 22, 1987 , 101 Stat. 1329–131 , 1329–176; Pub. L. 101–513, title V, § 580 , Nov. 5, 1990 , 104 Stat. 2045 ; Pub. L. 104–164, title I, § 102(a) –(c), July 21, 1996 , 110 Stat. 1422 .)

## Nearby sections

- [22 U.S.C. § 2751 Need for international defense cooperation and military export controls; Presidential waiver; report to Congress; arms sales policy](https://www.frixlaw.com/law-library/statutes/usc_t22_s2751.md)
- [22 U.S.C. § 2752 Coordination with foreign policy](https://www.frixlaw.com/law-library/statutes/usc_t22_s2752.md)
- [22 U.S.C. § 2753 Eligibility for defense services or defense articles](https://www.frixlaw.com/law-library/statutes/usc_t22_s2753.md)
- [22 U.S.C. § 2754 Purposes for which military sales or leases by the United States are authorized; report to Congress](https://www.frixlaw.com/law-library/statutes/usc_t22_s2754.md)
- [22 U.S.C. § 2755 Discrimination prohibited if based on race, religion, national origin, or sex](https://www.frixlaw.com/law-library/statutes/usc_t22_s2755.md)
- [22 U.S.C. § 2756 Foreign intimidation and harassment of individuals in United States](https://www.frixlaw.com/law-library/statutes/usc_t22_s2756.md)
- [22 U.S.C. § 2761 Sales from stocks](https://www.frixlaw.com/law-library/statutes/usc_t22_s2761.md)
- [22 U.S.C. § 2762 Procurement for cash sales](https://www.frixlaw.com/law-library/statutes/usc_t22_s2762.md)
- [22 U.S.C. § 2763 Credit sales](https://www.frixlaw.com/law-library/statutes/usc_t22_s2763.md)
- [22 U.S.C. § 2764 Guaranties](https://www.frixlaw.com/law-library/statutes/usc_t22_s2764.md)
- [22 U.S.C. § 2765 Annual estimate and justification for sales program](https://www.frixlaw.com/law-library/statutes/usc_t22_s2765.md)
- [22 U.S.C. § 2766 Security assistance surveys](https://www.frixlaw.com/law-library/statutes/usc_t22_s2766.md)
- [22 U.S.C. § 2767 Authority of President to enter into cooperative projects with friendly foreign countries](https://www.frixlaw.com/law-library/statutes/usc_t22_s2767.md)
- [22 U.S.C. § 2767a Repealed. Pub. L. 101–189, div. A, title IX, § 931(d)(2) , Nov. 29, 1989 , 103 Stat. 1535](https://www.frixlaw.com/law-library/statutes/usc_t22_s2767a.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t22_s2763. Check the current official text before relying on it. Not legal advice.