2012 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 32 - FOREIGN ASSISTANCE (§§ 2151 - 2443)
Subchapter III-A - ENTERPRISE FOR THE AMERICAS INITIATIVE (§§ 2430 - 2430i)
Section 2430f - Enterprise for the Americas Funds
| Publication Title | United States Code, 2012 Edition, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 32 - FOREIGN ASSISTANCE SUBCHAPTER III-A - ENTERPRISE FOR THE AMERICAS INITIATIVE Sec. 2430f - Enterprise for the Americas Funds |
| Contains | section 2430f |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 87-195, pt. IV, §707, as added Pub. L. 102-549, title VI, §602(a), Oct. 28, 1992, 106 Stat. 3666. |
| Statutes at Large References | 75 Stat. 464 76 Stat. 263 106 Stat. 3666 |
| Public Law References | Public Law 87-195, Public Law 87-565, Public Law 102-549 |
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Each beneficiary country that enters into an Americas Framework Agreement shall be required to establish an Enterprise for the Americas Fund to receive payments in local currency pursuant to section 2430e(b)(1) of this title.
(b) DepositsLocal currencies deposited in an Americas Fund shall not be considered assistance for purposes of any provision of law limiting assistance to a country.
(c) InvestmentDeposits made in an Americas Fund shall be invested until disbursed. Any return on such investment may be retained by the Americas Fund, without deposit in the Treasury of the United States and without further appropriation by the Congress.
(d) DisbursementsFunds in an Americas Fund shall be disbursed only pursuant to an Americas Framework Agreement.
(Pub. L. 87–195, pt. IV, §707, as added Pub. L. 102–549, title VI, §602(a), Oct. 28, 1992, 106 Stat. 3666.)
Prior ProvisionsA prior section 707 of Pub. L. 87–195, pt. IV, Sept. 4, 1961, 75 Stat. 464, amended section 1783 of this title, prior to repeal by Pub. L. 87–565, pt. IV, §401, Aug. 1, 1962, 76 Stat. 263, except insofar as section 707 affected section 1783.
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