§ 283h. Securities issued by Bank; reports to and of Securities and Exchange Commission

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 § 11 · 73 Stat. 299

   Enacted · 22 U.S.C. § 283h

   Pub. L. 86–147, § 11, Aug. 7, 1959, 73 Stat. 301

   Source evidence

   Code source credit
   Pub. L. 86–147, § 11, Aug. 7, 1959, 73 Stat. 301

   Enacted provision · exact public law section
   Sec. 11. securities issued by bank as exempt securities; report filed with securities and exchange commission (a) Any securities issued by the Bank (including any guarantee by the Bank, whether or not limited in scope) in connection with raising of funds for including in the Bank’s ordinary capital resources as defined in article II, section 5, of the agreement, and any securities guaranteed by the Bank as to both principal and interest to which the commitment in article II, section 4(a)(ii), of the agreement is expressly applicable, shall be deemed to be exempted securities within the meaning of paragraph (a)(2) of section 3 of the Act of May 27, 1933, as amended (15 U.S.C. 77c), and paragraph (a)(12) 48 Stat. 75. 48 Stat. 882. of section 3 of the Act of June 6, 1934, as amended (15 U.S.C. 78c). The Bank shall file with the Securities and Exchange Commission such annual and other reports with regard to such securities as the Commission shall determine to be appropriate in view of the special character of the Bank and its operations and necessary in the public interest or for the protection of investors. (b) The Securities and Exchange Commission, acting in consultation with the National Advisory Council on International Monetary and Financial Problems, is authorized to suspend the provisions of subsection (a) at any time as to any or all securities issued or guaranteed by the Bank during the period of such suspension. The Commission shall include in its annual reports to Congress such information as it shall deem advisable with regard to the operations and effect of this section and in connection therewith shall include any views submitted for such purpose by any association of dealers registered with the Commission.

2. 1976

   Pub. L. 94–302 title I § 103(a)(3) · 90 Stat. 591

   Struck and inserted · 22 U.S.C. § 283h(a)

   Pub. L. 94–302 struck out “ordinary” after “in the Bank’s” and inserted “and article IIA, section 4” after “article II, section 5” and “or article IIA, section 3(c)” after “article II, section 4(a)(ii)”

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 94–302 struck out “ordinary” after “in the Bank’s” and inserted “and article IIA, section 4” after “article II, section 5” and “or article IIA, section 3(c)” after “article II, section 4(a)(ii)”.

   Enacted provision · exact public law section
   (3) By deleting in the first sentence of section 11(a) the word 22 USC 283h. “ordinary”; by inserting in section 11(a) after the words “article II, section 5,” the words “and article I Li, section 4,”; and by inserting in section 11(a) after the words “article II, section 4(a)(ii),” the words “or article IIA, section 3(c),”.

   Effective date note
   For effective date of amendment by Pub. L. 94–302, see section 103(b) of Pub. L. 94–302, set out as a note under section 283c of this title.

2 of 2 references resolved to an enrolled provision