§704. Other methods of disposal — Inbound Citations

Citations to §704(b)(2)

• 40 U.S.C. § 701(c)(1)

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  (1) The Secretary of State may use foreign currencies and credits acquired by the United States under section 704(b)(2) of this title—

  (A) to carry out the Mutual Educational and Cultural Exchange Act of 1961 (22 U.S.C. 2451 et seq.);

  (B) to carry out the Foreign Service Buildings Act, 1926 (22 U.S.C. 292 et seq.); and

  (C) to pay other governmental expenses payable in local currencies.