Title 22 — Foreign Relations and IntercourseRelease 119-73
§286e–8 Treatment of creditors in debt rescheduling
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XV— - INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION AND DEVELOPMENT › § 286e–8
Summary
The Treasury Secretary must tell the U.S. executive director at the IMF to make sure IMF decisions do not go against U.S. policy. That policy says public and private creditors must be treated comparably when debt that includes official U.S. credits is rescheduled.
Full Legal Text
Title 22, §286e–8
Foreign Relations and Intercourse — Source: USLM XML via OLRC
The Secretary of the Treasury shall instruct the United States executive director to seek to assure that no decision by the International Monetary Fund undermines or departs from United States policy regarding the comparability of treatment of public and private creditors in cases of debt rescheduling where official United States credits are involved.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1980—Pub. L. 96–389 struck out “on the use of the facility” after “Monetary Fund”.
Statutory Notes and Related Subsidiaries
Effective Date
of 1980 AmendmentAmendment by Pub. L. 96–389 effective Oct. 7, 1980, see section 12 of Pub. L. 96–389, set out as an
Effective Date
note under section 286s of this title.
Reference
Citations & Metadata
Citation
22 U.S.C. § 286e–8
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73