22 USC 290k-6: Restrictions
Text contains those laws in effect on December 21, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 7-INTERNATIONAL BUREAUS, CONGRESSES, ETC.SUBCHAPTER XXVI-MULTILATERAL INVESTMENT GUARANTEE AGENCY
§290k–6. Restrictions
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 Agency;
(2) vote for or agree to any amendment of the Convention which increases the obligations of the United States, or which changes the purpose or functions of the Agency; or
(3) make a loan or provide other financing to the Agency.
(
Editorial Notes
Codification
Section is based on section 409 of title IV of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by