22 U.S.C. § 290I-4

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE
22 U.S.C.

United States Code, 2024 Edition

Title 22 - FOREIGN RELATIONS AND INTERCOURSE

CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.

SUBCHAPTER XXIV - AFRICAN DEVELOPMENT BANK

Sec. 290i-4 - Restrictions

From the U.S. Government Publishing Office, www.gpo.gov

§290i–4. Restrictions

(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.

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

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

Official source