Title 22 — Foreign Relations and IntercourseRelease 119-73
§290i–8 Force and effect of agreement
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XXIV— - AFRICAN DEVELOPMENT BANK › § 290i–8
Summary
Upon U.S. acceptance of Bank membership, para.5 art.49, arts.50–59 and other provisions apply in U.S., territories, possessions, and Puerto Rico. At deposit, the President must file art.64(3) declaring the U.S. and its subdivisions retain tax rights on Bank-paid salaries/emoluments to U.S. citizens/nationals.
Full Legal Text
Title 22, §290i–8
Foreign Relations and Intercourse — Source: USLM XML via OLRC
Paragraph 5 of article 49, articles 50 through 59, and the other provisions of the agreement shall have full force and effect in the United States, its territories and possessions, and the Commonwealth of Puerto Rico, upon acceptance of membership by the United States in the Bank. The President, at the time of deposit of the instrument of acceptance of membership by the United States in the Bank, shall also deposit a declaration as provided in article 64, paragraph 3, of the agreement that the United States retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to United States citizens or nationals.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The agreement, referred to in text, is the agreement establishing the African Development Bank. See section 290i of this title.
Reference
Citations & Metadata
Citation
22 U.S.C. § 290i–8
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73