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LegalText 22 U.S.C. § 286ss Acceptance of amendment to Articles of Agreement of Fund approved on October 22, 1997 us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 286ss 22 U.S.C. § 286ss 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/s286ss data/legal/raw/us/code/title-22/usc22.xml 4df1b6103639ee2a62bd2fcc8bc46120c5fe1785e21a489ddb64a1078aaaf33d b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 a4e30bccc156342c60e398fb3856be1fb8d3a0aa055a4bff0714406c06c6948f 2026-07-04 official
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22 U.S.C. § 286ss - Acceptance of amendment to Articles of Agreement of Fund approved on October 22, 1997

Text

The United States Governor of the Fund may agree to and accept the amendment to the Articles of Agreement of the Fund as proposed in the resolution numbered 524 of the Board of Governors of the Fund which was approved by such Board on October 22, 1997: Provided, That not more than one year after the acceptance of such amendments to the Funds Articles of Agreement, the Secretary of the Treasury shall submit a report to the appropriate congressional committees analyzing Special Drawing Rights, to include a discussion of how those countries that significantly use or acquire Special Drawing Rights in accordance with Article XIX, Section 2(c), use or acquire them; the extent to which countries experiencing balance of payment difficulties exchange or use their Special Drawing Rights to acquire reserve currencies; and the manner in which those reserve currencies are acquired when utilizing Special Drawing Rights.

(July 31, 1945, ch. 339, § 67, as added Pub. L. 11132, title XIV, § 1402, June 24, 2009, 123 Stat. 1918; amended Pub. L. 111117, div. F, title VII, § 7034(q)(1)(A), Dec. 16, 2009, 123 Stat. 3363.)

Notes

Editorial Notes

Amendments2009—Pub. L. 111117 substituted “resolution numbered 524” for “resolution numbered 544”.

Statutory Notes and Related Subsidiaries

Effective Date of 2009 AmendmentPub. L. 111117, div. F, title VII, § 7034(q)(1)(B), Dec. 16, 2009, 123 Stat. 3363, provided that: “The amendment made by subparagraph (A) [amending this section] shall take effect as if included in the enactment of section 1402 of Public Law 11132.”