US Code

Public Law 119-102 (07/12/2026)

10 U.S.C. § 2345

Liquidation of accrued credits and liabilities

Section text and notes

(a)
Credits and liabilities of the United States accrued as a result of acquisitions and transfers of logistic support, supplies, and services under the authority of this subchapter shall be liquidated not less often than once every 12 months by direct payment to the entity supplying such support, supplies, or services by the entity receiving such support, supplies, or services.
(b)
Payment-in-kind or exchange entitlements accrued as a result of acquisitions and transfers of logistic support, supplies, and services under authority of this subchapter shall be satisfied within 12 months after the date of the delivery of the logistic support, supplies, or services.
(c)
(1)
Any credits of the United States accrued as a result of the provision of logistic support, supplies, and services under the authority of this subchapter that remain unliquidated more than 18 months after the date of delivery of the logistic support, supplies, or services may, at the option of the Secretary of Defense, with the concurrence of the Secretary of State, be liquidated by offsetting the credits against any amount owed by the Department of Defense, pursuant to a transaction or transactions concluded under the authority of this subchapter, to the government or international organization to which the logistic support, supplies, or services were provided by the United States.
(2)
section 2346 of this title The amount of any credits offset pursuant to paragraph (1) shall be credited as specified in as if it were a receipt of the United States.

Pub. L. 96–323, § 2(a)94 Stat. 1018 Pub. L. 99–145, title XIII, § 1304(a)(1)99 Stat. 741 Pub. L. 99–661, div. A, title XI, § 1104(c)100 Stat. 3965 Pub. L. 101–189, div. A, title IX, § 931(e)(1)103 Stat. 1535 Pub. L. 103–337, div. A, title XIII, § 1317(e)108 Stat. 2900 Pub. L. 114–328, div. A, title X, § 1083(a)130 Stat. 2420 (Added , , , § 2325; renumbered § 2345, , , ; amended , , ; , , ; , , ; , , .)

Editorial Notes

Amendments

Pub. L. 114–3282016—Subsec. (c). added subsec. (c).

Pub. L. 103–3371994—Subsec. (a). substituted “12 months” for “three months”.

Pub. L. 101–1891989—Subsecs. (a), (b). substituted “this subchapter” for “this chapter”.

Pub. L. 99–6611986— designated existing provisions as subsec. (a) and added subsec. (b).

Pub. L. 99–145section 2325 of this title1985— renumbered as this section.

Statutory Notes and Related Subsidiaries

Effective Date of 2016 Amendment

Pub. L. 114–328, div. A, title X, § 1083(b)130 Stat. 2420

section 2345 of title 10“Subsection (c) of , United States Code, as added by subsection (a), shall apply with respect to credits accrued by the United States that—
“(1)
were accrued prior to, and remain unpaid as of, the date of the enactment of this Act []; or
“(2)
are accrued after the date of the enactment of this Act.”
, , , provided that:

Effective Date of 1994 Amendment

Pub. L. 103–337section 1317(j) of Pub. L. 103–337section 2341 of this titleAmendment by applicable with regard to any acquisition or transfer of logistic support, supplies, and services under authority of this subchapter that is initiated after , see , set out as a note under .