Title 22Foreign Relations and IntercourseRelease 119-73

§290k–6 Restrictions

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XXVI— - MULTILATERAL INVESTMENT GUARANTEE AGENCY › § 290k–6

Last updated Apr 6, 2026|Official source

Summary

Forbids, unless a law allows, U.S. representatives from buying more shares; accepting Convention changes that raise U.S. obligations or change the Agency's role; or providing Agency funding.

Full Legal Text

Title 22, §290k–6

Foreign Relations and Intercourse — Source: USLM XML via OLRC

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.

Legislative History

Notes & Related Subsidiaries

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.

Reference

Citations & Metadata

Citation

22 U.S.C. § 290k–6

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73