Title 22 — Foreign Relations and Intercourse
Chapter 7 — International Bureaus, Congresses, Etc.
§ 285k. Utilization of United States Special Resources
Statutory text
The letters of credit provided for in section 285l of this title shall be issued to the Bank only to the extent that at the time of issuance the cumulative amount of the United States Special Resources provided to the Bank (A) constitute a minority of all special funds contributions to the Bank, and (B) are no greater than the largest cumulative contribution of any other single country contributing to the special funds of the Bank.
The United States Governor of the Bank shall give due regard to the principles of (A) utilizing all special funds resources on an equitable basis, and (B) significantly shared participation by other contributors in each special fund to which United States Special Resources are provided.
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.
Asian Development Bank Act
Pub. L. 89–369 § 14 · 80 Stat. 71
Enacted · 22 U.S.C. § 285k
(Pub. L. 89–369, § 14, as added Pub. L. 92–245, § 1, Mar. 10, 1972, 86 Stat. 58.)
Source evidence
Code source credit
(Pub. L. 89–369, § 14, as added Pub. L. 92–245, § 1, Mar. 10, 1972, 86 Stat. 58.)
0 of 1 references resolved to an enrolled provision · 1 partial
Credits
(Pub. L. 89–369, § 14, as added Pub. L. 92–245, § 1, , 86 Stat. 58.)