22-U.S.C.-283DD
§283Dd – Restrictions
Pathway
Title 22 > Chapter 7 > Subchapter XII-A > Section 283dd
Details
- Reference: Section 283dd
- Legend: §283Dd – Restrictions
- USCode Year: 2013
Provision Content
(a) Unless authorized by law, neither the President nor any person or agency shall, on behalf of the United States—
(1) subscribe to additional shares of stock of the Corporation;
(2) vote for or agree to any amendment of the agreement which increases the obligations of the United States, or which changes the purpose or functions of the Corporation; or
(3) make a loan or provide other financing to the Corporation.
(Pub. L. 98–473, title I, §101(1) [title I], Oct. 12, 1984, 98 Stat. 1884, 1885.)
Codification
Section is based on section 205 of title II of S. 2416, Ninety-eighth Congress, as introduced Mar. 13, 1984, and enacted into law by Pub. L. 98–473.
U.S. Encyclopedia of Law Coverage
Subchapter XII – Inter-American Development Bank in the Legal Encyclopedia: Foreign Relations
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22-U.S.C.-3107 in the Legal Encyclopedia: Investment
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