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LegalText 22 U.S.C. § 2430f Enterprise for the Americas Funds us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 32 FOREIGN ASSISTANCE 2430f 22 U.S.C. § 2430f 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/s2430f data/legal/raw/us/code/title-22/usc22.xml 0ff00b3e9003922506d34834080991bee0bec41ffbfaa1f32c646668b80b61f6 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 c89a1ebe2fc9ad2a52a33bda067333350aefc852b4a5c63bbdc1b37100248243 2026-07-04 official
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22 U.S.C. § 2430f - Enterprise for the Americas Funds

Text

(a) Establishment Each beneficiary country that enters into an Americas Framework Agreement shall be required to establish an Enterprise for the Americas Fund to receive payments in local currency pursuant to section 2430e(b)(1) of this title.

(b) Deposits Local currencies deposited in an Americas Fund shall not be considered assistance for purposes of any provision of law limiting assistance to a country.

(c) Investment Deposits made in an Americas Fund shall be invested until disbursed. Any return on such investment may be retained by the Americas Fund, without deposit in the Treasury of the United States and without further appropriation by the Congress.

(d) Disbursements Funds in an Americas Fund shall be disbursed only pursuant to an Americas Framework Agreement.

(Pub. L. 87195, pt. IV, § 707, as added Pub. L. 102549, title VI, § 602(a), Oct. 28, 1992, 106 Stat. 3666.)

Notes

Editorial Notes

Prior ProvisionsA prior section 707 of Pub. L. 87195, pt. IV, Sept. 4, 1961, 75 Stat. 464, amended section 1783 of this title, prior to repeal by Pub. L. 87565, pt. IV, § 401, Aug. 1, 1962, 76 Stat. 263, except insofar as section 707 affected section 1783.