2018 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 7 - International Bureaus, Congresses, Etc.
Subchapter XXIV - African Development Bank
Sec. 290i-4 - Restrictions

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Citation 22 U.S.C. § 290i-4 (2018)
Section Name §290i–4. Restrictions
Section Text

(a) 1 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 Bank;

(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 Bank; or

(3) make a loan or provide other financing to the Bank, except that funds for technical assistance may be provided to the Bank by a United States agency created pursuant to an Act of Congress which is authorized by law to provide funds to international organizations.

Source Credit

(Pub. L. 97–35, title XIII, §1336, Aug. 13, 1981, 95 Stat. 742.)

Footnotes

1 So in original. No subsec. (b) has been enacted.

Publication Title United States Code, 2018 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 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XXIV - AFRICAN DEVELOPMENT BANK
Sec. 290i-4 - Restrictions
Contains section 290i-4
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 95 Stat. 742
Public Law References Public Law 97-35
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