§ 283dd - Restrictions

CHAPTER 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XII–A— INTER-AMERICAN INVESTMENT CORPORATION

(a) [Fn: So in original. No subsec. (b) has been enacted.] Unless authorized by law, neither the President nor any person or agency shall, on behalf of the United States—

(a)(1) subscribe to additional shares of stock of the Corporation;

(a)(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 Corporation; or

(a)(3) make a loan or provide other financing to the Corporation.

Notes

Editorial Notes

Codification

Section is based on section 205 of title II of S. 2416, Ninety-eighth Congress, as introduced Mar. 13, 1984, and enacted into law by Pub. L. 98–473.