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2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 283c Congressional authorization needed for certain actions us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 283c 22 U.S.C. § 283c current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s283c data/legal/raw/us/code/title-22/usc22.xml f1c1561f11f3c770c68b9a7750edc89390eaf675b6fe78752fb9f3a202818fc5 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 f1ce76c281c98dd5fdfc1d09590c725da54f78ed5cd169ed0581794d0815a8db 2026-07-04 official
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22 U.S.C. § 283c - Congressional authorization needed for certain actions

Text

Unless Congress by law authorizes such action, neither the President nor any person or agency shall, on behalf of the United States, (a) subscribe to additional shares of stock under article II, section 3, or article IIA, section 2, of the agreement; (b) request or consent to any change in the quota of the United States under article IV, section 3, of the agreement; (c) accept any amendment under article XII of the agreement; or (d) make a loan or provide other financing to the Bank, except that loans or other financing may be provided to the Bank by a United States agency created pursuant to an Act of Congress which is authorized by law to make loans or provide other financing to international organizations. Unless Congress by law authorizes such actions, no governor or alternate appointed to represent the United States shall vote for any increase of capital stock of the Bank under article II, section 2, or article IIA, section 1, of the agreement or any increase in the resources of the Fund for Special Operations under article IV, section 3(g) thereof.

(Pub. L. 86147, § 5, Aug. 7, 1959, 73 Stat. 299; Pub. L. 94302, title I, § 103(a)(2), May 31, 1976, 90 Stat. 593.)

Notes

Editorial Notes

Amendments1976—Pub. L. 94302 inserted “, or article IIA, section 2,” after “article II, section 3” and “or article IIA, section 1,” after “article II, section 2,”.

Statutory Notes and Related Subsidiaries

Effective Date of 1976 AmendmentPub. L. 94302, title I, § 103(b), May 31, 1976, 90 Stat. 593, provided that: “The amendments made by paragraphs (2) and (3) of this section [amending this section and section 283h of this title] shall become effective upon approval by the Board of Governors of the Bank of the resolutions referred to in section 23 of the Inter-American Development Bank Act (22 U.S.C. 283 et seq.).”