There is a newer version of this Section
2021
2020
2019 (you are here)
2018
2017
Other previous versions
View our newest version here

2019 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 48 - Taiwan Relations
Sec. 3304 - Overseas Private Investment Corporation

Previous Next
Download PDF
Citation 22 U.S.C. § 3304 (2019)
Section Name §3304. Overseas Private Investment Corporation
Section Text (a) Removal of per capita income restriction on Corporation activities with respect to investment projects on Taiwan

During the three-year period beginning on April 10, 1979, the $1,000 per capita income restriction in clause (2) of the second undesignated paragraph of section 2191 1 of this title shall not restrict the activities of the Overseas Private Investment Corporation in determining whether to provide any insurance, reinsurance, loans, or guaranties with respect to investment projects on Taiwan.

(b) Application by Corporation of other criteria

Except as provided in subsection (a) of this section, in issuing insurance, reinsurance, loans, or guaranties with respect to investment projects on Taiwan, the Overseas Private Insurance 2 Corporation shall apply the same criteria as those applicable in other parts of the world.
Source Credit

(Pub. L. 96–8, §5, Apr. 10, 1979, 93 Stat. 16.)
Editorial Notes REFERENCES IN TEXT

Section 2191 of this title, referred to in subsec. (a), was repealed by Pub. L. 115–254, div. F, title VI, §1464(2), Oct. 5, 2018, 132 Stat. 3513.

EFFECTIVE DATE

Section effective as of January 1, 1979, see section 18 of Pub. L. 96–8, set out as a note under section 3301 of this title.

TRANSFER OF FUNCTIONS

For transfer of functions, personnel, assets, and liabilities of the Overseas Private Investment Corporation to the United States International Development Finance Corporation and treatment of related references, see sections 9683 and 9686(d) of this title.
Footnotes

1 See References in Text note below.

2 So in original. Probably should be "Investment".
Publication Title United States Code, 2018 Edition, Supplement 1, 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 48 - TAIWAN RELATIONS
Sec. 3304 - Overseas Private Investment Corporation
Contains section 3304
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 93 Stat. 16
132 Stat. 3513
Public Law References Public Law 96-8, Public Law 115-254
Previous Next
Disclaimer: These codes may not be the most recent version. United States may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.