---
kind: "section"
citation: "10 U.S.C. § 4972"
title: "10"
title_heading: "Armed Forces"
number: "4972"
heading: "Transferability"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/10/4972"
units:
  - "Subtitle A — General Military Law"
  - "Part V — Acquisition"
  - "Subpart I — Defense Industrial Base"
  - "Chapter 389 — Loan Guarantee Programs"
  - "Subchapter I — Defense Export Loan Guarantees"
---

# §4972. Transferability


A guarantee issued under this subchapter shall be fully and freely transferable.


## Source credit

(Added Pub. L. 104–106, div. A, title XIII, § 1321(a)(1), Feb. 10, 1996, 110 Stat. 476, § 2540a; renumbered § 4972, Pub. L. 116–283, div. A, title XVIII, § 1873(b), (c)(1), Jan. 1, 2021, 134 Stat. 4290.)

## Notes

### Editorial Notes

### Amendments

2021—Pub. L. 116–283 renumbered section 2540a of this title as this section.

### Statutory Notes and Related Subsidiaries

### Effective Date of 2021 Amendment

Amendment by Pub. L. 116–283 effective Jan. 1, 2022, with additional provisions for delayed implementation and applicability of existing law, see section 1801(d) of Pub. L. 116–283, set out as a note preceding section 3001 of this title.