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Title 22, Foreign Relations and IntercourseRelease 119-110

§283ii Securities Issued by the Corporation

Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XII–A — INTER-AMERICAN INVESTMENT CORPORATION › § 283ii

Last updated Sep 22, 2026|Official source

Summary

Securities the Corporation issues or guarantees to raise money for its funds are treated as exempt from some federal securities rules. The Corporation must still file yearly and other reports with the Securities and Exchange Commission when the Commission thinks those filings are needed because of the Corporation’s special role or to protect the public and investors. The SEC, after talking with an agency or official the President names, can suspend that exemption for any or all of the Corporation’s securities for a time. The SEC must tell Congress each year about how this rule is working and may include comments from registered dealer groups.

Full Legal Text

Title 22, §283ii

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Exempted securities
Any securities issued by the Corporation (including any guarantee by the Corporation, whether or not limited in scope) in connection with the raising of funds for inclusion in the Corporation’s resources as defined in article II, section 2 of the agreement, and any securities guaranteed by the Corporation as to both principal and interest to which the commitment in article II, section 2(e) of the agreement is expressly applicable, 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 as necessary in the public interest or for the protection of investors.
(b)Suspension by Securities and Exchange Commission
The Securities and Exchange Commission, acting in consultation with such agency or officer as the President shall designate, 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 Congress such information as it shall deem advisable with regard to the operations and effect of this section and in connection therewith shall include any views submitted for such purpose by any association of dealers registered with the Commission.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification Section is based on section 210 of title II of S. 2416, Ninety-eighth Congress, as introduced Mar. 13, 1984, and enacted into law by Pub. L. 98–473.

Executive Documents

Delegation of Functions section 2 of Ex. Ord. No. 12567, Oct. 2, 1986, 51 F.R. 35495, provided that: “The functions vested in the President by section 210 of the Inter-American Investment Corporation Act [this section] are hereby delegated to the Secretary of the Treasury.”

Reference

Citations & Metadata

Citation

22 U.S.C. § 283ii

Title 22, Foreign Relations and Intercourse

Last Updated

Sep 22, 2026

Release point: 119-110