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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 22 U.S.C. § 286dd | Fund bailouts of banks; rescheduling of debt | us | united_states_code | code_section | 22 | FOREIGN RELATIONS AND INTERCOURSE | 7 | INTERNATIONAL BUREAUS, CONGRESSES, ETC. | 286dd | 22 U.S.C. § 286dd | 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/s286dd | data/legal/raw/us/code/title-22/usc22.xml | 9cbc80e4641a848f0e6e004af787430b1e589b560758a2a234ac5d35e4e34cdf | b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 | ab29f413bf2df605ca4af7af94ff2d42fa4b9f2f88e4ad26e12a3cade520a7f4 | 2026-07-04 | official |
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22 U.S.C. § 286dd - Fund bailouts of banks; rescheduling of debt
Text
The Secretary of the Treasury shall instruct the United States Executive Director of the Fund—
(1) to oppose and vote against any Fund drawing by a member country where, in his judgment, the Fund resources would be drawn principally for the purpose of repaying loans which have been imprudently made by banking institutions to the member country; and
(2) to work to insure that the Fund encourages borrowing countries and banking institutions to negotiate, where appropriate, a rescheduling of debt which is consistent with safe and sound banking practices and the country’s ability to pay.
(July 31, 1945, ch. 339, § 46, as added Pub. L. 98–181, title I [title VIII, § 807], Nov. 30, 1983, 97 Stat. 1273.)