Title 22, Foreign Relations and IntercourseRelease 119-102

§285g Status, Immunities, and Privileges

Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XIV — ASIAN DEVELOPMENT BANK › § 285g

Last updated Aug 21, 2026|Official source

Summary

When the United States joins the Bank and the Bank is set up, articles 49 through 56 of the agreement become fully effective in the United States, its territories and possessions, and the Commonwealth of Puerto Rico. When the President files the U.S. membership papers, he or she must also file a written statement saying the United States and its state and local governments keep the right to tax wages and other payments the Bank gives to U.S. citizens and nationals.

Full Legal Text

Title 22, §285g

Foreign Relations and Intercourse, Source: USLM XML via OLRC

The agreement, and particularly articles 49 through 56, 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, and the establishment of, 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 that the United States retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to its citizens or nationals.

Reference

Citations & Metadata

Citation

22 U.S.C. § 285g

Title 22, Foreign Relations and Intercourse

Last Updated

Aug 21, 2026

Release point: 119-102