Browse Arkansas Code titles and sections
41 U.S.C. § 4503 — Security for advance payments
Federal law — U.S. Code and appendices · legal_authorities
Advance payments under [section 4501 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title41-section4501&num=0&edition=prelim) may be made only on adequate security and a determination by the agency head that to do so would be in the public interest. The security may be in the form of a lien in favor of the Federal Government on the property contracted for, on the balance in an account in which the payments are deposited, and on such of the property acquired for performance of the contract as the parties may agree. This lien shall be paramount to all other liens and is effective immediately upon the first advancement of funds without filing, notice, or any other action by the Federal Government.
Source: Supplied U.S. Code snapshot — release unconfirmed · 41 U.S.C. § 4503
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 829752baeb80dab1a9a1dc6eb0f74d78a2fad69625ec7998d6f431103fd395d2. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_98e1b1f90c89e3efe769399c
Source file: Laws/federal/codes/united-states-code/title-41/section-4503-security-for-advance-payments--13dbdbe0de.md
Pages: Not recorded – Not recorded
Passage SHA-256: ca853509b114e07ed879d99d823740cda3ce7073c8724a3e5aab63de657562fa
Source location: Title 41, Chapter 45, § 4503; chapter-045-chapter-45.md
Stored source content
Advance payments under [section 4501 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title41-section4501&num=0&edition=prelim) may be made only on adequate security and a determination by the agency head that to do so would be in the public interest. The security may be in the form of a lien in favor of the Federal Government on the property contracted for, on the balance in an account in which the payments are deposited, and on such of the property acquired for performance of the contract as the parties may agree. This lien shall be paramount to all other liens and is effective immediately upon the first advancement of funds without filing, notice, or any other action by the Federal Government.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
An executive agency may—
(1) make advance, partial, progress or other payments under contracts for property or services made by the agency; and
(2) insert in solicitations for procurement of property or services a provision limiting to small business concerns advance or progress payments.
Source: Supplied U.S. Code snapshot — release unconfirmed · 41 U.S.C. § 4501
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 136
TITLE 41—PUBLIC CONTRACTS
§ 4501
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
4310(a) ........
41:256(k)(6).
June 30, 1949, ch. 288, title
III, § 306(k), as added Pub.
L. 100–700, § 8(a)(1), Nov.
19, 1988, 102 Stat. 4634;
Pub. L. 103–355, title II,
§ 2151, Oct. 13, 1994, 108
Stat. 3313.
4310(b) ........
41:256(k)(1).
4310(c) ........
41:256(k)(2).
4310(d) ........
41:256(k)(3).
4310(e) ........
41:256(k)(4).
4310(f) ........
41:256(k)(5).
Editorial Notes
AMENDMENTS
2016—Pub. L. 114–261, § 1(b)(2)(A)(i), (ii), inserted
‘‘, subcontractor, or personal services contractor’’ after
‘‘contractor’’ and ‘‘, subcontract, or personal services
contract’’ after ‘‘contract’’ wherever appearing.
Subsec. (b)(1). Pub. L. 114–261, § 1(b)(2)(A)(iii), inserted
‘‘or to any other activity described in section 4712(a)(1)
of this title’’ after ‘‘statute or regulation’’.
2013—Subsec. (b). Pub. L. 112–239, § 828(d)(1), sub-
stituted ‘‘commenced by the Federal Government, by a
State, or by a contractor or grantee employee submit-
ting a complaint under section 4712 of this title’’ for
‘‘commenced by the Federal Government or a State’’.
Subsec. (c)(3). Pub. L. 112–239, § 828(d)(2), substituted
‘‘the imposition of a monetary penalty or an order to
take corrective action under section 4712 of this title’’
for ‘‘the imposition of a monetary penalty’’.
CHAPTER 45—CONTRACT FINANCING
Sec.
4501.
Authority of executive agency.
4502.
Payment.
4503.
Security for advance payments.
4504.
Conditions for progress payments.
4505.
Payments for commercial products and com-
mercial services.
4506.
Action in case of fraud.
Editorial Notes
AMENDMENTS
2018—Pub.
L.
115–232,
div.
A,
title
VIII,
§ 836(b)(18)(B)(i
Source: Supplied 2024 U.S. Code historical extraction · 41 U.S.C. § 4503
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.