19 U.S.C. § 1671g — Effect of derogation of Export-Import Bank financing

submitted 96 years ago by Pub. L. 98-181 to r/title-19-CUSTOMS-DUTIES · 76 words · no verdicts yet

in plain englishAI-generated · not legal advice

This subtitle does not replace section 635a–3 of title 12, but it limits certain Bank financing when duties are assessed because of a derogation.

Nothing in this subtitle supersedes section 635a–3 of title 12. But if duty is assessed because of a derogation under section 1671e or action under section 1671b(d)(1)(B), the Secretary of the Treasury must not authorize the Bank to give guarantees, insurance, or credits under section 635a–3 to competing United States sellers.

the actual law source: uscode.house.gov ↗public domain

Nothing in this subtitle shall be interpreted as superseding the provisions of section 635a–3 of title 12, except that in the event of an assessment of duty based on a derogation under section 1671e of this title or action under section 1671b(d)(1)(B) of this title, the Secretary of the Treasury shall not authorize the Bank to provide guarantees, insurance and credits to competing United States sellers pursuant to section 635a–3 of title 12.

Source credit: (June 17, 1930, ch. 497, title VII, § 708, as added Pub. L. 98–181, title I [title VI, § 650(c)], Nov. 30, 1983, 97 Stat. 1266; amended Pub. L. 99–514, title XVIII, § 1886(a)(6)(A), Oct. 22, 1986, 100 Stat. 2922; Pub. L. 103–465, title II, § 264(c)(11), Dec. 8, 1994, 108 Stat. 4914.)

history & why it existsrecord from the source credit

1930Enacted · Pub. L. 98-181 · 97 Stat. 1266
1986Amended · Pub. L. 99-514 · 100 Stat. 2922
1994Amended · Pub. L. 103-465 · 108 Stat. 4914

A history note hasn’t been published yet. The record shows enactment by Pub. L. 98-181 on 1930-06-17.

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