22 USC 262p-4q: Opposition to assistance by international financial institutions to terrorist states
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22 USC 262p-4q: Opposition to assistance by international financial institutions to terrorist states Text contains those laws in effect on November 20, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 7-INTERNATIONAL BUREAUS, CONGRESSES, ETC.

§262p–4q. Opposition to assistance by international financial institutions to terrorist states

(a) In general

The Secretary of the Treasury shall instruct the United States executive director of each international financial institution to use the voice and vote of the United States to oppose any loan or other use of the funds of the respective institution to or for a country for which the Secretary of State has made a determination under section 4605(j) 1 of title 50 or section 2371 of this title.

(b) "International financial institution" defined

For purposes of this section, the term "international financial institution" includes-

(1) the International Bank for Reconstruction and Development, the International Development Association, and the International Monetary Fund;

(2) wherever applicable, the Inter-American Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the African Development Bank, and the African Development Fund; and

(3) any similar institution established after April 24, 1996.

(Pub. L. 95–118, title XVI, §1621, as added Pub. L. 104–132, title III, §327, Apr. 24, 1996, 110 Stat. 1257 .)


Editorial Notes

References in Text

Section 4605(j) of title 50, referred to in subsec. (a), was repealed by Pub. L. 115–232, div. A, title XVII, §1766(a), Aug. 13, 2018, 132 Stat. 2232 .

Codification

Another section 1621 of Pub. L. 95–118 is classified to section 262p–4p of this title.


Statutory Notes and Related Subsidiaries

Similar Provisions

Similar provisions are contained in section 262p–11 of this title.

Definitions

The definitions in section 262p–5 of this title apply to this section.

1 See References in Text note below.