22-U.S.C.-286JJ
§286Jj – Partial Guarantees In Connection With Debt Reduction For Borrower Countries
Pathway
Title 22 > Chapter 7 > Subchapter XV > Section 286jj
Details
- Reference: Section 286jj
- Legend: §286Jj – Partial Guarantees In Connection With Debt Reduction For Borrower Countries
- USCode Year: 2013
Provision Content
The Secretary of the Treasury shall instruct the United States Executive Director of the International Bank for Reconstruction and Development to initiate discussions with other directors of such bank and to propose that such bank establish criteria under which such bank would provide partial guarantees on debt service payments by borrower countries to private creditors when such guarantees would serve a catalytic role in facilitating final agreement on financing packages which involve significant debt reduction.
(Pub. L. 100–461, title V, §555, Oct. 1, 1988, 102 Stat. 2268–36.)
Codification
Section is based on section 5 of H.R. 4645, One Hundredth Congress, as reported Sept. 28, 1988, and enacted into law by Pub. L. 100–461.
Section was not enacted as part of act July 31, 1945, ch. 339, 59 Stat. 512, known as the Bretton Woods Agreements Act, which comprises this subchapter.
U.S. Encyclopedia of Law Coverage
22-U.S.C.-286E-5 in the Legal Encyclopedia: Foreign Relations
In this entry about 22-U.S.C.-286E-5, find legal reference material, bibliographies and premiere content related to foreign relations in the American Encyclopedia of Law, presenting a comprehensive view of the United States foreign relations-specific issues, written by authorities in the field.
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