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22 U.S.C. § 262h — European Central Bank; extension of privileges, exemptions, and immunities
Federal law — U.S. Code and appendices · legal_authorities
The provisions of this subchapter may be extended to the European Central Bank in the same manner, to the same extent, and subject to the same conditions, as they may be extended to a public international organization in which the United States participates pursuant to any treaty or under the authority of any Act of Congress authorizing such participation or making an appropriation for such participation.
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Source file: Laws/federal/codes/united-states-code/title-22/section-262h-european-central-bank-extension-of-privileges-exemptions-and-immunities--8879474936.md
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Source location: Title 22, Chapter 7, § 262h; chapter-007-international-bureaus-congresses-etc.md
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The provisions of this subchapter may be extended to the European Central Bank in the same manner, to the same extent, and subject to the same conditions, as they may be extended to a public international organization in which the United States participates pursuant to any treaty or under the authority of any Act of Congress authorizing such participation or making an appropriation for such participation.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Development projects and programs** The United States Special Resources shall be used to finance specific high priority development projects and programs in developing member countries of the Bank with emphasis on such projects and programs in the Southeast Asia region.
**(b) Authorized uses** The United States Special Resources shall be used by the Bank only for—
(1) making development loans on terms which may be more flexible and bear less heavily on the balance of payments than those established by the Bank for its ordinary operations; and
(2) providing technical assistance credits on a reimbursable basis.
**(c) Eligible goods and services**
(1) The United States Special Resources may be expended by the Bank only for procurement in the United States of goods produced in, or services supplied from the United States, except that the United States Governor, in consultation with the National Advisory Council on International Monetary and Financial Policies, may allow eligibility for procurement in other member countries from the United States Special Resources if he determines that such procurement eligibility would materially improve the ability of the Bank to carry out the objectives of its special funds resources and would be compatible with the international financial position of the United States.
(2) The United States Special Resources may be used to pay for administrative expenses arising from the use of the United States Special Resources, but only to the extent such expenses are not covered from the Bank’s service fee or income from use of United States Special Resources.
**(d) Repayment in dollars** All financing of programs and projects by the Bank from the United States Special Resources shall be repayable to the Bank by the borrowers in United S
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Federal law — U.S. Code and appendices · legal_authorities
**(a) General banking business; use of mails; publication of documents, reports, contracts, etc.; use of assets and allocated or borrowed money; payment of dividends; medium-term financing; dissemination of information; enhancement of medium-term program**
(1) There is created a corporation with the name Export-Import Bank of the United States, which shall be an agency of the United States of America. The objects and purposes of the Bank shall be to aid in financing and to facilitate exports of goods and services, imports, and the exchange of commodities and services between the United States or any of its territories or insular possessions and any foreign country or the agencies or nationals of any such country, and in so doing to contribute to the employment of United States workers. The Bank’s objective in authorizing loans, guarantees, insurance, and credits shall be to contribute to maintaining or increasing employment of United States workers. In connection with and in furtherance of its objects and purposes, the bank is authorized and empowered to do a general banking business except that of circulation; to receive deposits; to purchase, discount, rediscount, sell, and negotiate, with or without its endorsement or guaranty, and to guarantee notes, drafts, checks, bills of exchange, acceptances, including bankers’ acceptances, cable transfers, and other evidences of indebtedness; to guarantee, insure, coinsure, and reinsure against political and credit risks of loss; to purchase, sell, and guarantee securities but not to purchase with its funds any stock in any other corporation except that it may acquire any such stock through the enforcement of any lien or pledge or otherwise to satisfy a previously contracted indebtedness to it; to accept bills and drafts draw
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Federal law — U.S. Code and appendices · legal_authorities
Page 41
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 262h
with respect to any international negotiations
being held to consider future replenishments or
capital expansions of any multilateral develop-
ment bank which may involve an increased con-
tribution or subscription by the United States.
Such consultation shall be made (A) not later
than 30 days before the initiation of such inter-
national negotiations, (B) during the period in
which such negotiations are being held, in a fre-
quent and timely manner, and (C) before a ses-
sion of such negotiations is held at which the
United States representatives may agree to such
a replenishment or capital expansion.
(Pub. L. 95–118, title XII, § 1201, as added Pub. L.
97–35, title XIII, § 1361(b), Aug. 13, 1981, 95 Stat.
746.)
Statutory Notes and Related Subsidiaries
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of
House of Representatives treated as referring to Com-
mittee on Banking and Financial Services of House of
Representatives by section 1(a) of Pub. L. 104–14, set
out as a note preceding section 21 of Title 2, The Con-
gress. Committee on Banking and Financial Services of
House of Representatives abolished and replaced by
Committee on Financial Services of House of Rep-
resentatives, and jurisdiction over matters relating to
securities and exchanges and insurance generally trans-
ferred from Committee on Energy and Commerce of
House of Representatives by House Resolution No. 5,
One Hundred Seventh Congress, Jan. 3, 2001.
EFFECTIVE DATE
Section effective Aug. 13, 1981, see section 1372 of Pub.
L. 97–35, set out as a note under section 290i of this
title.
§ 262h. Opposition by United States Executive Di-
rectors of international financial institutions
to assistance for produ
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 262h
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