§ 1878q to 1878x. Omitted

Sections 1878q to 1878x terminated pursuant to section 1878x of this Appendix.

Section 1878q, Pub. L. 87–387, §§ 1, 2, Oct. 4, 1961, 75 Stat. 815, authorized extension of loans of two destroyer escorts to Portuguese Government and two destroyers to Spanish Government (originally authorized by sections 1878 to 1878d of this Appendix), subject to appropriate terms and conditions.

Section 1878r, Pub. L. 87–387, § 3, Oct. 4, 1961, 75 Stat. 815, limited extension of existing loans to a five year period terminable earlier because of defense requirements of United States.

Section 1878s, Pub. L. 87–387, § 4, Oct. 4, 1961, 75 Stat. 815, made available to friendly foreign nations destroyers, destroyer escorts, and submarines from the Reserve Fleet, as follows: North Atlantic Treaty Organization and European area, six ships; Southern Asia, two ships; Far Eastern area, six ships; emergency loans, two ships, for replacement of loaned vessels lost by enemy action or by an act of God.

Section 1878t, Pub. L. 87–387, § 5, Oct. 4, 1961, 75 Stat. 815, limited new loans to five year periods terminable earlier because of defense requirements of United States.

Section 1878u, Pub. L. 87–387, § 6, Oct. 4, 1961, 75 Stat. 815, provided for the charging of activation, rehabilitation, and outfitting expenses to funds programed for recipient government under Mutual Security Act of 1954, or successor legislation, or to funds provided by recipient government.

Section 1878v, Pub. L. 87–387, § 7, Oct. 4, 1961, 75 Stat. 815, required Secretary of Defense to determine loans or extension of loans to be in best interest of United States and to report loans or extensions to Congress.

Section 1878w, Pub. L. 87–387, § 8, Oct. 4, 1961, 75 Stat. 815, authorized promulgation of rules and regulations.

Section 1878x, Pub. L. 87–387, § 9, Oct. 4, 1961, 75 Stat. 815, prescribed Dec. 31, 1963, as termination date for executive exercise of naval vessel transfer authority under sections 1878q to 1878x of this Appendix.