Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§285g Status, Immunities, and Privileges
Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XIV— ASIAN DEVELOPMENT BANK › § 285g
Summary
When the U.S. joins and the Bank exists, articles 49–56 apply in the U.S., territories, possessions and Puerto Rico. At acceptance, the President must declare the U.S. and its subdivisions retain tax rights on Bank pay to citizens/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
Apr 5, 2026
Release point: 119-73not60