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LegalText 22 U.S.C. § 285 Acceptance of membership by United States in Asian Development Bank us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 285 22 U.S.C. § 285 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/s285 data/legal/raw/us/code/title-22/usc22.xml 6285a92491bd1d790eda2f1f3fc64551fb21f0c43e8af6daa4ed6221654ed553 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 6c332d6feaf9a72a9d3f860df87368173129b1ee231a7413ae47eb492941b67c 2026-07-04 official
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22 U.S.C. § 285 - Acceptance of membership by United States in Asian Development Bank

Text

The President is hereby authorized to accept membership for the United States in the Asian Development Bank (hereinafter referred to as the “Bank”) provided for by the agreement establishing the Bank (hereinafter referred to as the “agreement”) deposited in the archives of the United Nations.

(Pub. L. 89369, § 2, Mar. 16, 1966, 80 Stat. 71.)

Notes

Statutory Notes and Related Subsidiaries

Short TitlePub. L. 89369, § 1, Mar. 16, 1966, 80 Stat. 71, provided: “That this Act [enacting this subchapter and amending section 24 of Title 12, Banks and Banking] may be cited as the Asian Development Bank Act.”

Par Value ModificationFor Congressional direction that the Secretary of the Treasury maintain the value in terms of gold of the Asian Development Banks holdings of United States dollars following the establishment of a par value of the dollar at $38 for a fine troy ounce of gold pursuant to the Par Value Modification Act and for the authorization of the appropriations necessary to provide such maintenance of value, see section 5152 of Title 31, Money and Finance.