22 USC 290i-4: Restrictions
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22 USC 290i-4: Restrictions Text contains those laws in effect on December 20, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 7-INTERNATIONAL BUREAUS, CONGRESSES, ETC.SUBCHAPTER XXIV-AFRICAN DEVELOPMENT BANK
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§290i–4. Restrictions

(a) 1 Unless authorized by law, neither the President, nor any person or agency, shall, on behalf of the United States-

(1) subscribe to additional shares of stock of the Bank;

(2) vote for or agree to any amendment of the agreement which increases the obligations of the United States, or which changes the purpose or functions of the Bank; or

(3) make a loan or provide other financing to the Bank, except that funds for technical assistance may be provided to the Bank by a United States agency created pursuant to an Act of Congress which is authorized by law to provide funds to international organizations.

( Pub. L. 97–35, title XIII, §1336, Aug. 13, 1981, 95 Stat. 742 .)

1 So in original. No subsec. (b) has been enacted.