22 USC 284c: Congressional authorization needed for certain actions
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22 USC 284c: Congressional authorization needed for certain actions Text contains those laws in effect on December 20, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 7-INTERNATIONAL BUREAUS, CONGRESSES, ETC.SUBCHAPTER XIII-INTERNATIONAL DEVELOPMENT ASSOCIATION
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§284c. Congressional authorization needed for certain actions

Unless Congress by law authorizes such action, neither the President nor any person or agency shall, on behalf of the United States, (a) subscribe to additional funds under article III, section 1, of the articles; (b) accept any amendment under article IX of the articles; or (c) make a loan or provide other financing to the Association.

( Pub. L. 86–565, §5, June 30, 1960, 74 Stat. 294 .)