Title 22 — Foreign Relations and IntercourseRelease 119-73
§283dd Restrictions
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XII–A— - INTER-AMERICAN INVESTMENT CORPORATION › § 283dd
Summary
Unless a law allows it, the President or any United States agency cannot, for the United States, buy more shares, approve changes that raise U.S. obligations or alter the corporation's purpose, or lend or finance it.
Full Legal Text
Title 22, §283dd
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)11 So in original. No subsec. (b) has been enacted. 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 Corporation;
(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 Corporation; or
(3)make a loan or provide other financing to the Corporation.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section is based on section 205 of title II of S. 2416, Ninety-eighth Congress, as introduced Mar. 13, 1984, and enacted into law by Pub. L. 98–473.
Reference
Citations & Metadata
Citation
22 U.S.C. § 283dd
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73