22-U.S.C.-286N

22-U.S.C.-286N

§286N – Special Drawing Rights

Pathway

Title 22 > Chapter 7 > Subchapter XV > Section 286n

Details

  • Reference: Section 286n
  • Legend: §286N – Special Drawing Rights
  • USCode Year: 2013

Provision Content

The President is hereby authorized (a) to accept the amendment to the articles of agreement of the International Monetary Fund (hereinafter referred to as the Fund), attached to the April 1968 report by the Executive Directors to the Board of Governors of the Fund, for the purpose of (i) establishing a facility based on Special Drawing Rights in the Fund and (ii) giving effect to certain modifications in the present rules and practices of the Fund, and (b) to participate in the special drawing account established by the amendment.

(Pub. L. 90–349, §2, June 19, 1968, 82 Stat. 188.)

Codification

Section was not enacted as part of act July 31, 1945, ch. 339, 59 Stat. 512, known as the Bretton Woods Agreement Act, which comprises this subchapter.

Short Title

Pub. L. 90–349, §1, June 19, 1968, 82 Stat. 188, provided: That this Act [enacting this section and sections 286o to 286r of this title and amending sections 412, 415, 417, and 467 of Title 12, Banks and Banking] may be cited as the ‘Special Drawing Rights Act’.

U.S. Encyclopedia of Law Coverage

22-U.S.C.-286MM in the Legal Encyclopedia: Foreign Relations

In this entry about 22-U.S.C.-286MM, 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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