22 U.S.C. § 1475a — Replacement of passenger motor vehicles

submitted 78 years ago by Pub. L. 94-350 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 63 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section concerns Replacement of passenger motor vehicles. It sets out the provisions governing that subject.

The exchange allowances or proceeds derived from the exchange or sale of passenger motor vehicles used abroad for purposes of this chapter or the Mutual Educational and Cultural Exchange Act of 1961 [ 22 U.S.C. 2451 et seq.] must be available without fiscal year limitation for replacement of an equal number of such vehicles following section 503 of title 40 .

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

The exchange allowances or proceeds derived from the exchange or sale of passenger motor vehicles used abroad for purposes of this chapter or the Mutual Educational and Cultural Exchange Act of 1961 [22 U.S.C. 2451 et seq.] shall be available without fiscal year limitation for replacement of an equal number of such vehicles in accordance with section 503 of title 40.

Source credit: (Jan. 27, 1948, ch. 36, title VIII, § 806, as added Pub. L. 94–350, title II, § 204, July 12, 1976, 90 Stat. 830; amended Pub. L. 96–60, title II, § 204(c), Aug. 15, 1979, 93 Stat. 400.)

history & why it existsrecord from the source credit

1948Enacted · Pub. L. 94-350 · 90 Stat. 830
1979Amended · Pub. L. 96-60 · 93 Stat. 400

A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-350 on 1948-01-27.

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