42 U.S. Code § 16375 - Limits on participation

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An entity shall be eligible to receive an award under this part only if the Secretary finds—
(1) that the entity’s participation in the program under this part would be in the economic interest of the United States; and
(2) that either—
(A) the entity is a United States-owned entity organized under the laws of the United States; or
(B) the entity is organized under the laws of the United States and has a parent entity organized under the laws of a country that affords—
(i) to United States-owned entities opportunities, comparable to those afforded to any other entity, to participate in any cooperative research venture similar to those authorized under this part;
(ii) to United States-owned entities local investment opportunities comparable to those afforded to any other entity; and
(iii) adequate and effective protection for the intellectual property rights of United States-owned entities.

Source

(Pub. L. 109–58, title IX, § 999E,Aug. 8, 2005, 119 Stat. 923.)

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The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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42 USCDescription of ChangeSession YearPublic LawStatutes at Large
§ 16375repealed2013113-67 [Sec.] 301(a)127 Stat. 1181

 

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