Browse Arkansas Code titles and sections
22 U.S.C. § 280a — Multilateral development bank procurement
Federal law — U.S. Code and appendices · legal_authorities
**(a) Executive Directors** The Secretary of the Treasury shall instruct the United States Executive Director of each multilateral development bank to attach a high priority to promoting opportunities for exports for goods and services from the United States and, in carrying out this function, to investigate thoroughly any complaints from United States bidders about the awarding of procurement contracts by the multilateral development banks to ensure that all contract procedures and rules of the banks are observed and that United States firms are treated fairly.
**(b) 11 So in original. Two subsecs. (b) have been enacted. Officer of procurement**
(1) **Establishment** — The Secretary of the Treasury shall designate, within the Office of International Affairs in the Department of the Treasury, an officer of multilateral development bank procurement.
(2) **Function** — The officer shall act as the liaison between the Department of the Treasury, the Department of Commerce, and the United States Executive Directors’ offices in the multilateral development banks, in carrying out this section. The officer shall cooperate with the Department of Commerce in efforts to improve opportunities for multilateral development bank procurement by United States companies.
**(b) 1 “Multilateral development bank” defined** As used in this section, the term “multilateral development bank” includes the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the InterAmerican Investment Corporation, the Asian Development Bank, the African Development Bank, and the African Development Fund.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 280a
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 61ce9f0d3614689f4f6043d33788d6f1d0ecaebbef5edb1b8d72481f10e4bb55. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_3ef3f2cafbf47136a74ac56b
Source file: Laws/federal/codes/united-states-code/title-22/section-280a-multilateral-development-bank-procurement--98a00e9e9a.md
Pages: Not recorded – Not recorded
Passage SHA-256: 8d43bf30c08eae71b57bc5b1e488e8cb9df00fb05079d96939c7e001e36979bc
Source location: Title 22, Chapter 7, § 280a; chapter-007-international-bureaus-congresses-etc.md
Stored source content
**(a) Executive Directors** The Secretary of the Treasury shall instruct the United States Executive Director of each multilateral development bank to attach a high priority to promoting opportunities for exports for goods and services from the United States and, in carrying out this function, to investigate thoroughly any complaints from United States bidders about the awarding of procurement contracts by the multilateral development banks to ensure that all contract procedures and rules of the banks are observed and that United States firms are treated fairly.
**(b) 11 So in original. Two subsecs. (b) have been enacted. Officer of procurement**
(1) **Establishment** — The Secretary of the Treasury shall designate, within the Office of International Affairs in the Department of the Treasury, an officer of multilateral development bank procurement.
(2) **Function** — The officer shall act as the liaison between the Department of the Treasury, the Department of Commerce, and the United States Executive Directors’ offices in the multilateral development banks, in carrying out this section. The officer shall cooperate with the Department of Commerce in efforts to improve opportunities for multilateral development bank procurement by United States companies.
**(b) 1 “Multilateral development bank” defined** As used in this section, the term “multilateral development bank” includes the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the InterAmerican Investment Corporation, the Asian Development Bank, the African Development Bank, and the African Development Fund.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
For the purposes of any civil action which may be brought within the United States, its territories or possessions, or the Commonwealth of Puerto Rico, by or against the Bank in accordance with the agreement, the Bank shall be deemed to be an inhabitant of the Federal judicial district in which its principal office within the United States or its agent appointed for the purpose of accepting service or notice of service is located, and any such action to which the Bank shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States, including the courts enumerated in [section 460 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section460&num=0&edition=prelim), shall have original jurisdiction of any such action. When the Bank is defendant in any action in a State court, it may at any time before the trial thereof remove the action into the appropriate district court of the United States by following the procedure for removal provided in [section 1446 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section1446&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 262r
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization of United States subscription to stock** The President is authorized to agree to subscribe on behalf of the United States to twenty-nine thousand eight hundred and twenty shares of the capital stock of the Bank: Provided, however, That the subscription shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.
**(b) Authorization of appropriations** There is authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury of the initial United States subscription to twenty-nine thousand eight hundred and twenty shares of the capital stock of the Bank, $359,733,570: Provided, however, That not more than $17,986,679 of such sum may be made available for paid in subscriptions to the Bank for each of the fiscal years 1982, 1983, and 1984.
**(c) Distributions by Bank** Any payment or distributions of moneys from the Bank to the United States shall be covered into the Treasury as a miscellaneous receipt.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 262q
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 136
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 279b
1 So in original. Probably should be capitalized.
1957—Pub. L. 85–141, § 11(b)(2), added section 544(b) to
act August 26, 1954, which section 544(b) amended this
section by increasing the maximum percentage con-
tribution from 31.5 to 33.33 per centum.
1956—Act July 18, 1956, increased authorized annual
appropriation from $2,000,000, to $3,000,000, and inserted
provisions limiting percentage contribution of United
States to total annual budget to not more than 31.5 per
centum.
1950—Joint Res. Sept. 21, 1950, increased authorized
annual appropriation from $1,250,000 to $2,000,000.
Statutory Notes and Related Subsidiaries
REPEALS
Section 709 of Pub. L. 87–195, cited as a credit to this
section, was repealed by section 401 of Pub. L. 87–565,
pt. IV, Aug. 1, 1962, 76 Stat. 263, except insofar as sec-
tion 709 affected this section.
Section 544(b) of act Aug. 26, 1954, cited as a credit to
this section, was repealed by Pub. L. 85–477, ch. IV,
§ 401(h), June 30, 1958, 72 Stat. 270, except insofar as such
section 544(b) affected this section.
Section 421 of act August 26, 1954, cited as a credit to
this section was repealed by section 8(n) of Pub. L.
85–141, except insofar as section 421 affected this sec-
tion.
SIMILAR PROVISIONS
Similar provisions were contained in the Department
of State Appropriation Act, 1946, act July 5, 1946, ch.
541, title I, 60 Stat. 453.
ANNUAL APPROPRIATIONS
Annual appropriations to meet the obligations of
membership in various international organizations
were contained in acts listed in a note set out under
section 269a of this title.
LIMITATION OF CONTRIBUTIONS
Contributions by United States, except for special
projects, limited to amount provided by Joint
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 280a
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.