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22 U.S.C. § 2182a — Agricultural and productive credit and self-help community development programs
Federal law — U.S. Code and appendices · legal_authorities
**(a) Financing pilot programs; scope** It is the sense of the Congress that in order to stimulate the participation of the private sector in the economic development of less-developed countries, the authority conferred by this section should be used to establish pilot programs to encourage private banks, credit institutions, similar private lending organizations, cooperatives, and private nonprofit development organizations to make loans on reasonable terms to organized groups and individuals residing in a community for the purpose of enabling such groups and individuals to carry out agricultural credit and self-help community development projects for which they are unable to obtain financial assistance on reasonable terms. Agricultural credit and assistance for self-help community development projects should include, but not be limited to, material and such projects as wells, pumps, farm machinery, improved seed, fertilizer, pesticides, vocational training, food industry development, nutrition projects, improved breeding stock for farm animals, sanitation facilities, and looms and other handicraft aids.
**(b) Guaranties; percentage limitation** To carry out the purposes of subsection (a), the agency primarily responsible for administering subchapter I of this chapter is authorized to issue guaranties, on such terms and conditions as it shall determine, to private lending institutions, cooperatives, and private nonprofit development organizations assuring against loss of not to exceed 50 per centum of the portfolio of such loans made by any lender to organized groups or individuals residing in a community to enable such groups or individuals to carry out agricultural credit and self-help community development projects for which they are unable to obtain financial assi
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Source file: Laws/federal/codes/united-states-code/title-22/section-2182a-agricultural-and-productive-credit-and-self-help-community-development-p--9ac5dde4e2.md
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Source location: Title 22, Chapter 32, § 2182a; chapter-032-foreign-assistance.md
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**(a) Financing pilot programs; scope** It is the sense of the Congress that in order to stimulate the participation of the private sector in the economic development of less-developed countries, the authority conferred by this section should be used to establish pilot programs to encourage private banks, credit institutions, similar private lending organizations, cooperatives, and private nonprofit development organizations to make loans on reasonable terms to organized groups and individuals residing in a community for the purpose of enabling such groups and individuals to carry out agricultural credit and self-help community development projects for which they are unable to obtain financial assistance on reasonable terms. Agricultural credit and assistance for self-help community development projects should include, but not be limited to, material and such projects as wells, pumps, farm machinery, improved seed, fertilizer, pesticides, vocational training, food industry development, nutrition projects, improved breeding stock for farm animals, sanitation facilities, and looms and other handicraft aids.
**(b) Guaranties; percentage limitation** To carry out the purposes of subsection (a), the agency primarily responsible for administering subchapter I of this chapter is authorized to issue guaranties, on such terms and conditions as it shall determine, to private lending institutions, cooperatives, and private nonprofit development organizations assuring against loss of not to exceed 50 per centum of the portfolio of such loans made by any lender to organized groups or individuals residing in a community to enable such groups or individuals to carry out agricultural credit and self-help community development projects for which they are unable to obtain financial assistance on reasonable terms. In no event shall the liability of the United States exceed 75 per centum of any one loan.
**(c) Total and individual amount of guaranties** The total face amount of guaranties issued under this section outstanding at any one time shall not exceed $20,000,000. Not more than 10 per centum of such sum shall be provided for any one institution, cooperative, or organization.
**(d) Inter-American Foundation consultations** The Inter-American Foundation shall be consulted in developing criteria for making loans eligible for guaranty coverage in Latin America under this section.
**(e) Guaranty reserve** Not to exceed $3,000,000 of the guaranty reserve established under [section 2183(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2183/b&num=0&edition=prelim) shall be available to make such payments as may be necessary to discharge liabilities under guaranties issued under this section or any guaranties previously issued under section 2200 11 See References in Text note below. of this title.
**(f) Administrative and operating expenses; funds** Funds held by the Overseas Private Investment Corporation pursuant to section 2196 1 of this title may be available for meeting necessary administrative and operating expenses for carrying out the provisions of this section through June 30, 1976.
**(g) Transfer of Overseas Private Investment Corporation’s obligations and assets** The Overseas Private Investment Corporation shall, upon enactment of this subsection, transfer to the agency primarily responsible for administering subchapter I of this chapter all obligations, assets, and related rights and responsibilities arising out of, or related to the predecessor program provided for in section 2200 1 of this title.
**(h) Termination of authority** The authority of this section shall continue through September 30, 1988.
**(i) Excess foreign currencies; use** Notwithstanding the limitation in subsection (c) of this section, foreign currencies owned by the United States and determined by the Secretary of the Treasury to be excess to the needs of the United States may be utilized to carry out the purposes of this section, including the discharge of liabilities under this subsection. The authority conferred by this subsection shall be in addition to authority conferred by any other provision of law to implement guaranty programs utilizing excess local currency.
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Federal law — U.S. Code and appendices · legal_authorities
(a) United States development cooperation policy
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2151
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Policy requirements for assistance** The Congress recognizes that, under special economic, political, or security conditions, the national interests of the United States may require economic support for countries or in amounts which could not be justified solely under part I of subchapter I of this chapter or, in the case of countries in sub-Saharan Africa, part X of subchapter I of this chapter. In such cases, the President is authorized to furnish assistance to countries and organizations, on such terms and conditions as he may determine, in order to promote economic or political stability. To the maximum extent feasible, the President shall provide assistance under this part consistent with the policy directions, purposes, and programs of subchapter I of this chapter.
**(b) Responsibility for policy decisions and justifications** The Secretary of State shall be responsible for policy decisions and justifications for economic support programs under this part, including determinations of whether there will be an economic support program for a country and the amount of the program for each country. The Secretary shall exercise this responsibility in cooperation with the Administrator of the agency primarily responsible for administering subchapter I of this chapter.
**(c) Detailed justification for uses and purposes of funds** As part of the annual presentation materials for foreign assistance submitted to the Congress, the agency primarily responsible for administering subchapter II of this chapter shall provide a detailed justification for the uses and the purposes of the funds provided under this part. Such material shall include, but not be limited to, information concerning the amounts and kinds of cash grant transfers, the amounts and kinds of budgetary an
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2346
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The United States Governor of the Fund is authorized to request and consent to an increase of $1,375,000,000 in the quota of the United States under article III, section 2, of the articles of agreement of the Fund, as proposed in the resolution of the Board of Governors of the Fund dated February 2, 1959.
**(b)** The United States Governor of the Bank is authorized (1) to vote for increases in the capital stock of the Bank under article II, section 2, of the articles of agreement of the Bank, as recommended in the resolution of the Board of Governors of the Bank dated February 2, 1959, and (2) if such increases become effective, to subscribe on behalf of the United States to thirty-one thousand seven hundred and fifty additional shares of stock under article II, section 3, of the articles of agreement of the Bank.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 290f
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Fees; determination by President; reduction** A fee shall be charged for each guaranty issued under section 2182 or 2182a of this title in an amount to be determined by the President. In the event the fee to be charged for such type of guaranty is reduced, fees to be paid under existing contracts for the same type of guaranty may be similarly reduced.
**(b) Accumulated and existing fees; expenditure of fees; revolving fund account; investments; use of investment income** The amount of $50,000,000 of fees accumulated under prior investment guaranty provisions repealed by the Foreign Assistance Act of 1969, together with all fees collected in connection with guaranties issued under [section 2182 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2182&num=0&edition=prelim) or under prior housing guaranty authorities, shall be available for meeting necessary administrative and operating expenses of carrying out the provisions of [section 2182 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2182&num=0&edition=prelim) and administering housing guaranties heretofore authorized under this subpart and under prior housing guaranty provisions repealed by the Foreign Assistance Act of 1969 (including, but not limited to expenses pertaining to personnel, supplies, and printing), subject to such limitations as may be imposed in annual appropriation Acts; for meeting management and custodial costs incurred with respect to currencies or other assets acquired under guaranties made pursuant to [section 2182 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2182&num=0&edition=prelim) or heretofore pursuant to this subpart or prior Latin American and other hous
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2183
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section 2198, Pub. L. 87–195, pt. I, § 238, as added Pub. L. 91–175, pt. I, § 105, Dec. 30, 1969, 83 Stat. 815; amended Pub. L. 92–226, pt. I, § 104(a), Feb. 7, 1972, 86 Stat. 22; Pub. L. 97–65, § 7, Oct. 16, 1981, 95 Stat. 1024; Pub. L. 99–204, § 17(a), Dec. 23, 1985, 99 Stat. 1676; Pub. L. 102–549, title I, § 106, Oct. 28, 1992, 106 Stat. 3653; Pub. L. 108–158, §§ 4(b), 5(b), Dec. 3, 2003, 117 Stat. 1950, defined terms as used in this subpart.
Section 2199, Pub. L. 87–195, pt. I, § 239, as added Pub. L. 91–175, pt. I, § 105, Dec. 30, 1969, 83 Stat. 816; amended Pub. L. 92–226, pt. I, § 104(b), Feb. 7, 1972, 86 Stat. 22; Pub. L. 92–310, title II, § 227(d), June 6, 1972, 86 Stat. 207; Pub. L. 93–390, § 2(5), Aug. 27, 1974, 88 Stat. 768; Pub. L. 95–268, §§ 7, 8, Apr. 24, 1978, 92 Stat. 215, 216; Pub. L. 95–598, title III, § 318, Nov. 6, 1978, 92 Stat. 2678; Pub. L. 96–327, Aug. 8, 1980, 94 Stat. 1026; Pub. L. 97–65, § 8, Oct. 16, 1981, 95 Stat. 1024; Pub. L. 97–113, title VII, § 705(b)(2), Dec. 29, 1981, 95 Stat. 1545; Pub. L. 99–204, §§ 4(c), 11–13, Dec. 23, 1985, 99 Stat. 1670, 1673, 1674; Pub. L. 100–461, title V, § 555, Oct. 1, 1988, 102 Stat. 2268–36; Pub. L. 101–167, title V, § 597(a), Nov. 21, 1989, 103 Stat. 1257; Pub. L. 101–179, title III, § 302(a), Nov. 28, 1989, 103 Stat. 1311; Pub. L. 101–513, title V, § 576(a), Nov. 5, 1990, 104 Stat. 2044; Pub. L. 102–549, title I, § 107, Oct. 28, 1992, 106 Stat. 3654; Pub. L. 105–118, title V, § 579(a), Nov. 26, 1997, 111 Stat. 2435; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814, related to general provisions and powers.
Section 2200, Pub. L. 87–195, pt. I, § 240, as added Pub. L. 95–268, § 9, Apr. 24, 1978, 92 Stat. 216; amended Pub. L. 99–204, § 9(b)(3), Dec. 23, 1985, 99 Stat. 1673; Pub. L
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2198 to 2200b
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Federal law — U.S. Code and appendices · legal_authorities
Page 669
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 2182a
2 So in original. No subsecs. (d) to (j) have been enacted.
voltaic and wind applications, and community-
scale solar thermal applications.
(k) 2 Minimum annual program levels
The total principal amount of guaranties
issued under this section for each of the fiscal
years 1986 and 1987 shall be comparable to the
total principal amount of such guaranties issued
for fiscal year 1984, subject to the dollar limita-
tions on the issuance of guaranties under this
section which are contained in subsection (a)
and in appropriation Acts.
(Pub. L. 87–195, pt. I, § 222, as added Pub. L.
91–175, pt. I, § 105, Dec. 30, 1969, 83 Stat. 807;
amended Pub. L. 94–161, title III, § 311(4), Dec. 20,
1975, 89 Stat. 861; Pub. L. 95–88, title I, § 117(a)(2),
Aug. 3, 1977, 91 Stat. 540; Pub. L. 95–424, title I,
§ 115(a), Oct. 6, 1978, 92 Stat. 950; Pub. L. 96–53,
title I, § 112(a), Aug. 14, 1979, 93 Stat. 363; Pub. L.
97–113, title III, § 310(a), Dec. 29, 1981, 95 Stat.
1535; Pub. L. 98–473, title I, § 101(1) [title V,
§ 541(a)], Oct. 12, 1984, 98 Stat. 1884, 1903; Pub. L.
99–83, title III, § 313(a)–(c), Aug. 8, 1985, 99 Stat.
216, 217; Pub. L. 100–202, § 101(e) [title II, § 201],
Dec. 22, 1987, 101 Stat. 1329–131, 1329–142; Pub. L.
101–167, title II, Nov. 21, 1989, 103 Stat. 1205; Pub.
L. 101–302, title II, May 25, 1990, 104 Stat. 224;
Pub. L. 101–513, title II, Nov. 5, 1990, 104 Stat.
1989.)
Editorial Notes
REFERENCES IN TEXT
Section 2198(c) of this title, referred to in subsec. (a),
was repealed by Pub. L. 115–254, div. F, title VI, § 1464(2),
Oct. 5, 2018, 132 Stat. 3513.
CODIFICATION
Amendment by Pub. L. 98–473 is based on section
311(b) of H.R. 5119, Ninety-eighth Congress, as passed by
the House
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2182a
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