Title 22, Foreign Relations and IntercourseRelease 119-102

§285k Utilization of United States Special Resources

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

Last updated Aug 21, 2026|Official source

Summary

Issue letters of credit to the Bank only when U.S. special funds are less than half of all special-fund contributions and are not bigger than the largest single-country contribution from any other country. The U.S. Governor of the Bank must try to make sure special funds are used fairly and that other countries also take meaningful part in each special fund that gets U.S. special funds.

Full Legal Text

Title 22, §285k

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)The letters of credit provided for in section 285l of this title shall be issued to the Bank only to the extent that at the time of issuance the cumulative amount of the United States Special Resources provided to the Bank (A) constitute a minority of all special funds contributions to the Bank, and (B) are no greater than the largest cumulative contribution of any other single country contributing to the special funds of the Bank.
(b)The United States Governor of the Bank shall give due regard to the principles of (A) utilizing all special funds resources on an equitable basis, and (B) significantly shared participation by other contributors in each special fund to which United States Special Resources are provided.

Reference

Citations & Metadata

Citation

22 U.S.C. § 285k

Title 22, Foreign Relations and Intercourse

Last Updated

Aug 21, 2026

Release point: 119-102