Title 22, Foreign Relations and IntercourseRelease 119-110

§282k Securities Issued by Corporation

Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XI — INTERNATIONAL FINANCE CORPORATION › § 282k

Last updated Sep 22, 2026|Official source

Summary

The Corporation's securities and any guarantees it gives are treated as exempt under federal securities law (15 U.S.C. 77c(a)(2) and 78c(a)(12)). The Corporation must file annual and other reports with the Securities and Exchange Commission when the Commission thinks those reports are needed because of the Corporation's special role and to protect investors. The SEC, after talking with the National Advisory Council on International Monetary and Financial Problems, can suspend that exemption for any or all of the Corporation's securities. The SEC must include in its annual report to Congress any information it thinks useful about how this rule is working.

Full Legal Text

Title 22, §282k

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Exemption from securities laws; reports to Securities and Exchange Commission

Any securities issued by the Corporation (including any guaranty by the Corporation, whether or not limited in scope) and any securities guaranteed by the Corporation as to both principal and interest shall be deemed to be exempted securities within the meaning of section 77c(a)(2) of title 15 and section 78c(a)(12) of title 15. The Corporation shall file with the Securities and Exchange Commission such annual and other reports with regard to such securities as the Commission shall determine to be appropriate in view of the special character of the Corporation and its operations and necessary in the public interest or for the protection of investors.

(b)Authority of Securities and Exchange Commission to suspend exemption; reports to Congress

The Securities and Exchange Commission, acting in consultation with the National Advisory Council on International Monetary and Financial Problems, is authorized to suspend the provisions of subsection (a) at any time as to any or all securities issued or guaranteed by the Corporation during the period of such suspension. The Commission shall include in its annual reports to the Congress such information as it shall deem advisable with regard to the operations and effect of this section.

Reference

Citations & Metadata

Citation

22 U.S.C. § 282k

Title 22, Foreign Relations and Intercourse

Last Updated

Sep 22, 2026

Release point: 119-110