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

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LegalText 22 U.S.C. § 262p4r Use of authority of United States Executive Directors us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 262p4r 22 U.S.C. § 262p4r 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/s262p4r data/legal/raw/us/code/title-22/usc22.xml f5e39c0cdbda12f66647d0bdf47d40fd76f7ac6c147a51f4a52154536f0f9e69 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 725b1d4bc595332bdd228367c4c93ea199678eba1cdc9ff10c12a088eaa3a78f 2026-07-04 official
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22 U.S.C. § 262p4r - Use of authority of United States Executive Directors

Text

(a) Action by the President If the President determines that a particular foreign country has taken or has committed to take actions that contribute to efforts of the United States to respond to, deter, or prevent acts of international terrorism, the Secretary may, consistent with other applicable provisions of law, instruct the United States Executive Director of each international financial institution to use the voice and vote of the Executive Director to support any loan or other utilization of the funds of the respective institutions for such country, or any public or private entity within such country.

(b) Use of voice and vote The Secretary may instruct the United States Executive Director of each international financial institution to aggressively use the voice and vote of the Executive Director to require an auditing of disbursements at such institution to ensure that no funds are paid to persons who commit, threaten to commit, or support terrorism.

(c) Definition For purposes of this section, the term “international financial institution” means an institution described in section 262r(c)(2) of this title.

(Pub. L. 10756, title III, § 360, Oct. 26, 2001, 115 Stat. 329; Pub. L. 108458, title VI, § 6202(l), Dec. 17, 2004, 118 Stat. 3746.)

Notes

Editorial Notes

Amendments2004—Subsec. (a). Pub. L. 108458, § 6202(l)(1), inserted “the” after “utilization of the funds of”. Subsec. (b). Pub. L. 108458, § 6202(l)(2), substituted “at such institution” for “at such institutions”.

Statutory Notes and Related Subsidiaries

Effective Date of 2004 AmendmentAmendment by Pub. L. 108458 effective as if included in Pub. L. 10756, as of the date of enactment of such Act, and no amendment made by Pub. L. 10756 that is inconsistent with such amendment to be deemed to have taken effect, see section 6205 of Pub. L. 108458, set out as a note under section 1828 of Title 12, Banks and Banking.

“Secretary” Defined Secretary means the Secretary of the Treasury, see section 302(b)(5) of Pub. L. 10756, set out in a note under section 5311 of Title 31, Money and Finance.