§ 290k–6 - Restrictions

CHAPTER 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XXVI— MULTILATERAL INVESTMENT GUARANTEE AGENCY

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 Agency;

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

(3) make a loan or provide other financing to the Agency.

Notes

Editorial Notes

Codification

Section is based on section 409 of title IV of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L. 100–202.