Title 22 › CHAPTER 74 — FOREIGN AFFAIRS AGENCIES CONSOLIDATION › SUBCHAPTER IV — UNITED STATES INTERNATIONAL DEVELOPMENT COOPERATION AGENCY › Part A — Abolition and Transfer of Functions › § 6562
Money that, on October 1, 1997, was treated as belonging to the Director of the International Development Cooperation Agency is now assigned to the Secretary of State on and after the subchapter’s effective date, and the President does not need to take any further action. The Secretary of State can move or reassign those funds using the same rules that applied to the Director under Executive Order No. 12163 as it existed on October 1, 1997. All duties the Director had relating to the Overseas Private Investment Corporation are transferred to the Administrator of the Agency for International Development as of the day before the subchapter’s effective date. Other powers moved to the U.S. International Development Cooperation Agency or its Director by Reorganization Plan Numbered 2 of 1979 will, unless repealed, be returned to the agencies or agency heads that held them by law the day before that reorganization plan took effect.
Full Legal Text
Foreign Relations and Intercourse, Source: USLM XML via OLRC
Legislative History
Reference
Citation
22 U.S.C. § 6562
Title 22, Foreign Relations and Intercourse
Last Updated
Sep 22, 2026
Release point: 119-110