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31 U.S.C. § 5152 — Value of United States money holdings in international institutions
Federal law — U.S. Code and appendices · legal_authorities
The Secretary of the Treasury shall maintain the value in terms of gold of the holdings of United States money of the International Bank for Reconstruction and Development, the Inter-American Development Bank, the International Development Association, and the Asian Development Bank to the extent provided in the articles of agreement of those institutions. Amounts necessary to maintain the value may be appropriated. Amounts appropriated under this section remain available until expended.
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Source location: Title 31, Chapter 51, § 5152; chapter-051-coins-and-currency.md
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The Secretary of the Treasury shall maintain the value in terms of gold of the holdings of United States money of the International Bank for Reconstruction and Development, the Inter-American Development Bank, the International Development Association, and the Asian Development Bank to the extent provided in the articles of agreement of those institutions. Amounts necessary to maintain the value may be appropriated. Amounts appropriated under this section remain available until expended.
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Federal law — U.S. Code and appendices · legal_authorities
The President is hereby authorized to accept membership for the United States in the Inter-American Development Bank (hereinafter referred to as the “Bank”), provided for by the agreement establishing the bank (hereinafter referred to as the “agreement”) deposited in the archives of the Organization of American States.
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Federal law — U.S. Code and appendices · legal_authorities
The President is hereby authorized to accept membership for the United States in the International Development Association (hereinafter referred to as the “Association”), provided for by the Articles of Agreement (hereinafter referred to as the “Articles”) of the Association deposited in the archives of the International Bank for Reconstruction and Development.
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Federal law — U.S. Code and appendices · legal_authorities
The President is hereby authorized to accept membership for the United States in the Asian Development Bank (hereinafter referred to as the “Bank”) provided for by the agreement establishing the Bank (hereinafter referred to as the “agreement”) deposited in the archives of the United Nations.
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Federal law — U.S. Code and appendices · legal_authorities
The President is hereby authorized to accept membership for the United States in the International Monetary Fund (hereinafter referred to as the “Fund”), and in the International Bank for Reconstruction and Development (hereinafter referred to as the “Bank”), provided for by the Articles of Agreement of the Fund and the Articles of Agreement of the Bank as set forth in the Final Act of the United Nations Monetary and Financial Conference dated July 22, 1944, and deposited in the archives of the Department of State.
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Federal law — U.S. Code and appendices · legal_authorities
Page 426
TITLE 31—MONEY AND FINANCE
§ 5151
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 991.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
5144 .........
31:174.
Dec. 22, 1879, ch. 2, 21 Stat. 59.
In the section, before clause (1), the word ‘‘engraved’’
is added before ‘‘portrait’’ because of the restatement.
The words ‘‘in the possession’’ are substituted for
‘‘which is now, or may be a part of the engraved stock’’
to eliminate unnecessary words. The words ‘‘An im-
pression shall be provided’’ are added because of the re-
statement. In clause (1)(A), the words ‘‘member of Con-
gress’’ are substituted for ‘‘Senator, Representative, or
Delegate in Congress’’ for consistency. In clause (1)(B),
the word ‘‘agency’’ is substituted for ‘‘department or
bureau’’ because of section 101 of the revised title and
for consistency in the revised title. In clause (2), the
words ‘‘for a charge and under conditions the Secretary
decides are’’ are substituted for ‘‘at such rates and
under such conditions as he may deem’’ for consist-
ency.
SUBCHAPTER V—MISCELLANEOUS
§ 5151. Conversion of currency of foreign coun-
tries
(a) In this section—
(1) ‘‘buying rate’’ means the buying rate in
the market in New York, New York, for cable
transfers payable in the currency of a foreign
country to be converted.
(2) when merchandise is exported on a day
that banks are generally closed in New York,
the buying rate at noon on the last prior busi-
ness day is deemed to be the buying rate at
noon on the day the merchandise is exported.
(b) The value of coins of a foreign country ex-
pressed in United States money is the value of
the pure metal of the standard coin of the for-
eign country. The Secretary of the Treasury
shall estimate
Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 5152
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