2016 US Code
Title 12 - Banks and Banking
Chapter 6A - Export-Import Bank of the United States
Subchapter III - Tied Aid Credit Export Subsidies
Sec. 635t - Definitions
| 12 U.S.C. § 635t (2016) |
| §635t. Definitions |
|
For purposes of this subchapter— (1) the term "tied aid credit" means credit— (A) which is provided for development aid purposes; (B) which is tied to the purchase of exports from the country granting the credit; (C) which is financed either exclusively from public funds, or, as a mixed credit, partly from public and partly from private funds; and (D) which has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent; (2) the term "government-mixed credits" means the combined use of credits, insurance, and guarantees offered by the Export-Import Bank of the United States with concessional financing or grants offered by the Agency for International Development to finance exports; (3) the term "public-private cofinancing" means the combined use of either official development assistance or official export credit with private commercial credit to finance exports; (4) the term "blending of financings" means the use of various combinations of official development assistance, official export credit, and private commercial credit, integrated into a single package with a single set of financial terms, to finance exports; (5) the term "parallel financing" means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and (6) the term "Bank" means the Export-Import Bank of the United States. |
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(Pub. L. 98–181, title I [title VI, §647], Nov. 30, 1983, 97 Stat. 1265.) |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 6A - EXPORT-IMPORT BANK OF THE UNITED STATES SUBCHAPTER III - TIED AID CREDIT EXPORT SUBSIDIES Sec. 635t - Definitions |
| section 635t |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 97 Stat. 1265 |
| Public Law 98-181 |
