§ 283c. Congressional authorization needed for certain actions

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1959

   Inter-American Development Bank Act

   Pub. L. 86–147 § 5 · 73 Stat. 299

   Enacted · 22 U.S.C. § 283c

   Pub. L. 86–147, § 5, Aug. 7, 1959, 73 Stat. 299

   Source evidence

   Code source credit
   Pub. L. 86–147, § 5, Aug. 7, 1959, 73 Stat. 299

   Enacted provision · exact public law section
   Sec. 5. certain acts not to be taken without authorization 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 shares of stock under article II, section 3 of the agreement; (b) request or consent to any change in the quota of the United States under article IV, section 3, of the agreement; (c) accept any amendment under article XII of the agreement; or (d) make a loan or provide other financing to the Bank, except that loans or other financing may be provided to the Bank by a United States agency created pursuant to an Act of Congress which is authorized by law to make loans or provide other financing to international organizations. Unless Congress by law authorizes such action, no governor or alternate appointed to represent the United States shall vote for any increase or capital stock of the Bank under article II, section 2, of the agreement or any increase in the resources of the Fund for Special Operations under article IV, section 3(g) thereof.

2. 1976

   Pub. L. 94–302 title I § 103(a)(2) · 90 Stat. 591

   Inserted · 22 U.S.C. § 283c

   Pub. L. 94–302 inserted “, or article IIA, section 2,” after “article II, section 3” and “or article IIA, section 1,” after “article II, section 2,”

   Source evidence

   Code amendment note
   Pub. L. 94–302 inserted “, or article IIA, section 2,” after “article II, section 3” and “or article IIA, section 1,” after “article II, section 2,”.

   Enacted provision · exact public law section
   (2) By inserting in the first sentence of section 5 after “article II, 22 USC 283c. section 3” a comma and the words “or article IIA, section 2,”; and by inserting in the last sentence of section 5 after “article II, section 2,” the words “or article I1A, section 1,”.

   Effective date note
   Pub. L. 94–302, title I, § 103(b), May 31, 1976, 90 Stat. 593, provided that: “The amendments made by paragraphs (2) and (3) of this section [amending this section and section 283h of this title] shall become effective upon approval by the Board of Governors of the Bank of the resolutions referred to in section 23 of the Inter-American Development Bank Act (22 U.S.C. 283 et seq.).”

2 of 2 references resolved to an enrolled provision