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10 U.S.C. § 8475

Acceptance of guarantees with gifts for major projects

United States · Title 10 — ARMED FORCES · Status: effective

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10 U.S.C. § 8475, Acceptance of guarantees with gifts for major projects, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/435757
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In this section: The term “qualified guarantee”, with respect to a major project, means a guarantee that— is accompanied by— The term “qualified account control agreement”, with respect to a guarantee of a donor, means an agreement among the donor, the Secretary of the Navy, and a major United States investment management firm that— The term “major United States commercial bank” means a commercial bank that— The term “major United States investment management firm” means any broker, dealer, investment adviser, or provider of investment supervisory services (as defined in section 3 of the Securities Exchange Act of 1934 (15 U.S.C. 78c) or section 202 of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2)) or a major United States commercial bank that—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.