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22 U.S.C. § 2152b — Transferred

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2152b — Transferred

### Statutory Notes #### Codification Section, Pub. L. 87–195, pt. I, § 132, as added Pub. L. 106–309, title I, § 107(a), Oct. 17, 2000, 114 Stat. 1086, which related to United States Microfinance Loan Facility, was renumbered section 257 of Pub. L. 87–195 by Pub. L. 108–484, § 5(a), (b), Dec. 23, 2004, 118 Stat. 3927, and transferred to [section 2213 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2213&num=0&edition=prelim).

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Source location: Title 22, Chapter 32, § 2152b; chapter-032-foreign-assistance.md

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2213 — United States Microfinance Loan Facility

**(a) Establishment** The President is authorized to establish a United States Microfinance Loan Facility (in this section referred to as the “Facility”) to pool and manage the risk from natural disasters, war or civil conflict, national financial crisis, or short-term financial movements that threaten the long-term development of United States-supported financial intermediaries. **(b) Disbursements** (1) **In general** — The Administrator shall make disbursements from the Facility to United States-supported financial intermediaries to prevent the bankruptcy of such institutions caused by— (A) natural disasters; (B) national wars or civil conflict; or (C) national financial crisis or other short-term financial movements that threaten the long-term development of United States-supported financial intermediaries. (2) **Form of assistance** — Assistance under this section shall be in the form of loans or loan guarantees for financial intermediaries that demonstrate the capacity to resume self-sustained operations within a reasonable time period. (3) **Congressional notification procedures** — During each of the fiscal years 2005 through 2009, funds may not be made available from the Facility until 15 days after notification of the proposed availability of the funds has been provided to the congressional committees specified in [section 2394–1 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2394-1&num=0&edition=prelim) in accordance with the procedures applicable to reprogramming notifications under that section. **(c) General provisions** (1) **Policy provisions** — In providing the credit assistance authorized by this section, the Administrator should apply, as appropriate, the policy provisions in subchapter I of

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2152b — Transferred

Page 644 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2152b ed Pub. L. 108–31, § 3, June 17, 2003, 117 Stat. 776, related to microenterprise development grant assistance. § 2152b. Transferred Editorial Notes CODIFICATION Section, Pub. L. 87–195, pt. I, § 132, as added Pub. L. 106–309, title I, § 107(a), Oct. 17, 2000, 114 Stat. 1086, which related to United States Microfinance Loan Facility, was renumbered section 257 of Pub. L. 87–195 by Pub. L. 108–484, § 5(a), (b), Dec. 23, 2004, 118 Stat. 3927, and trans- ferred to section 2213 of this title. § 2152c. Programs to encourage good governance (a) Establishment of programs (1) In general The President is authorized to establish pro- grams that combat corruption, improve trans- parency and accountability, and promote other forms of good governance in countries described in paragraph (2). (2) Countries described A country described in this paragraph is a country that is eligible to receive assistance under subchapter I of this chapter (including part IV of subchapter II of this chapter) or the Support for East European Democracy (SEED) Act of 1989 [22 U.S.C. 5401 et seq.]. (3) Priority In carrying out paragraph (1), the President shall give priority to establishing programs in countries that received a significant amount of United States foreign assistance for the prior fiscal year, or in which the United States has a significant economic interest, and that continue to have the most persistent problems with public and private corruption. In deter- mining which countries have the most per- sistent problems with public and private cor- ruption under the preceding sentence, the President shall take into account criteria such as the Transparency International Annual Corruption Perceptions Inde

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