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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 286t Omitted us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 286t 22 U.S.C. § 286t 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/s286t data/legal/raw/us/code/title-22/usc22.xml 5178905e9955d59ffe3b39b691bb8eb5eca6c51cacc6b877b8a2ea46ebaef898 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 232a205aab53c7492696aa63cbea6b18f7026c0c0df49c13af91680184e64e40 2026-07-04 official
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22 U.S.C. § 286t - Omitted

Notes

Editorial Notes

Codification Section, act July 31, 1945, ch. 339, § 34, as added Oct. 7, 1980, Pub. L. 96389, § 4(b), 94 Stat. 1553, directed the Secretary of the Treasury, in cooperation with the United States Director of the Fund, to study and report to Congress prior to May 15, 1981, with respect to adequacy of Fund resources and method of increasing Fund liquidity, promotion of more direct recycling of oil surpluses, and methods of providing adequate resources for balance-of-payments financing.

Statutory Notes and Related Subsidiaries

Recycling Balance-of-Payments Surpluses by Oil Exporting CountriesPub. L. 96389, § 4(a), Oct. 7, 1980, 94 Stat. 1553, provided that: “It is the sense of the Congress that (1) the interests of the United States and those of other member countries require an effective International Monetary Fund equipped with resources adequate to facilitate orderly balance-of-payments adjustments; (2) persistent balance-of-payments surpluses in oil exporting countries have placed, and will continue to place, severe strains on the resources of oil importing countries and on the liquidity of the Fund; (3) these strains can only be relieved if the oil exporting countries assume a greater burden for financing balance-of-payments deficits through direct methods of recycling their surpluses and through proportionally greater contributions to the Fund and to the international lending institutions; and (4) the Fund must explore innovative proposals to encourage more direct recycling of oil surpluses and to increase its own liquidity.”