Title 22, Foreign Relations and IntercourseRelease 119-102
§285c Congressional Authorization Needed for Certain Actions
Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XIV — ASIAN DEVELOPMENT BANK › § 285c
Summary
Congress must approve before the United States can buy more shares in the Bank, accept changes that raise U.S. responsibilities or change the Bank’s purpose, or lend or otherwise finance the Bank. A Congress-created agency that is allowed to fund international organizations may provide up to $1,000,000 in a year for technical assistance.
Full Legal Text
Title 22, §285c
Foreign Relations and Intercourse, Source: USLM XML via OLRC
Unless the Congress by law authorizes such action, neither the President nor any person or agency shall, on behalf of the United States, (a) subscribe to additional shares of stock of the Bank; (b) vote for or agree to any amendment of the agreement which increases the obligations of the United States, or which would change the purpose or functions of the Bank; or (c) make a loan or provide other financing to the Bank, except that funds for technical assistance note to exceed $1,000,000 in any one year may be provided to the Bank by a United States agency created pursuant to an Act of Congress which is authorized by law to provide funds to international organizations.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Subsequent Replenishments Pub. L. 105–118, title V, § 560(a), Nov. 26, 1997, 111 Stat. 2425, provided in part that the Secretary of the Treasury may contribute on behalf of the United States to the sixth replenishment of the resources of the Asian Development Fund, subject to obtaining the necessary appropriations, and authorized $400,000,000 to be appropriated without fiscal year limitation. Pub. L. 103–87, title V, § 526, Sept. 30, 1993, 107 Stat. 952, provided in part that the Secretary of the Treasury is authorized to agree on behalf of the United States to participate in the fifth replenishment of the Asian Development Fund, subject to obtaining the necessary appropriations.
Reference
Citations & Metadata
Citation
22 U.S.C. § 285c
Title 22, Foreign Relations and Intercourse
Last Updated
Aug 21, 2026
Release point: 119-102