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22 U.S.C. § 2164 — Repealed. Pub. L. 95–424, title I, § 102(g)(1)(A), Oct. 6, 1978, 92 Stat. 942
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, Pub. L. 87–195, pt. I, § 204, Sept. 4, 1961, 75 Stat. 427, related to the establishment, duties and appointment of officers of the Development Loan Committee. The provisions of this section were redesignated as subsec. (e) of [section 2151t of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2151t&num=0&edition=prelim) by section 102(d)(1), (2) of Pub. L. 95–424.
#### Effective Date of Repeal
Repeal effective Oct. 1, 1978, see section 605 of Pub. L. 95–424, set out as an Effective Date of 1978 Amendment note under [section 2151 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2151&num=0&edition=prelim).
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Source file: Laws/federal/codes/united-states-code/title-22/section-2164-repealed-pub-l-95424-title-i-102-g-1-a-oct-6-1978-92-stat-942--8ec6e586e1.md
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Source location: Title 22, Chapter 32, § 2164; chapter-032-foreign-assistance.md
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### Statutory Notes
Section, Pub. L. 87–195, pt. I, § 204, Sept. 4, 1961, 75 Stat. 427, related to the establishment, duties and appointment of officers of the Development Loan Committee. The provisions of this section were redesignated as subsec. (e) of [section 2151t of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2151t&num=0&edition=prelim) by section 102(d)(1), (2) of Pub. L. 95–424.
#### Effective Date of Repeal
Repeal effective Oct. 1, 1978, see section 605 of Pub. L. 95–424, set out as an Effective Date of 1978 Amendment note under [section 2151 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2151&num=0&edition=prelim).
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Federal law — U.S. Code and appendices · legal_authorities
(a) United States development cooperation policy
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority of President to furnish assistance** In order to carry out the purposes of this part, the President is authorized to furnish assistance, on such terms and conditions as he may determine, to countries and areas through programs of grant and loan assistance, bilaterally or through regional, multilateral, or private entities.
**(b) Authority of President to make loans; terms and conditions** The President is authorized to make loans payable as to principal and interest in United States dollars on such terms and conditions as he may determine, in order to promote the economic development of countries and areas, with emphasis upon assisting long-range plans and programs designed to develop economic resources and increase productive capacities. The President shall determine the interest payable on any loan. In making loans under this part, the President shall consider the economic circumstances of the borrower and other relevant factors, including the capacity of the recipient country to repay the loan at a reasonable rate of interest, except that loans may not be made at a rate of interest of less than 3 per centum per annum commencing not later than ten years following the date on which the funds are initially made available under the loan, during which ten-year period the rate of interest shall not be lower than 2 per centum per annum, nor higher than the applicable legal rate of interest of the country in which the loan is made.
**(c) Dollar receipts from loans to be paid into Treasury** Dollar receipts paid during any fiscal year from loans made under subchapter I of this chapter or from loans made under predecessor foreign assistance legislation shall be deposited in the Treasury as miscellaneous receipts.
**(d) Assistance to research and educational
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Federal law — U.S. Code and appendices · legal_authorities
Page 662
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§§ 2161, 2162
partnerships across relevant Federal depart-
ments and agencies.
(Pub. L. 87–195, pt. I, § 137, as added Pub. L.
116–283, div. A, title XII, § 1283(b), Jan. 1, 2021, 134
Stat. 3985.)
Statutory Notes and Related Subsidiaries
RULE OF CONSTRUCTION
Nothing in enactment of this section to be construed
to restrict or abrogate any other authorization for
United States Agency for International Development
activities or programs, see section 1285 of Pub. L.
116–283, set out as a note under section 2152f of this
title.
PART II—OTHER PROGRAMS
SUBPART I—MULTILATERAL AND REGIONAL
DEVELOPMENT PROGRAMS
§§ 2161, 2162. Repealed. Pub. L. 95–424, title I,
§ 102(g)(1)(A), Oct. 6, 1978, 92 Stat. 942
Section 2161, Pub. L. 87–195, pt. I, § 201, Sept. 4, 1961,
75 Stat. 426; Pub. L. 87–565, pt. I, § 102, Aug. 1, 1962, 76
Stat. 256; Pub. L. 88–205, pt. I, § 102(a), Dec. 16, 1963, 77
Stat. 380; Pub. L. 88–633, pt. I, § 101, Oct. 7, 1964, 78 Stat.
1009; Pub. L. 89–583, pt. I, § 102(a), Sept. 19, 1966, 80 Stat.
796; Pub. L. 90–137, pt. I, § 102(a), (b), Nov. 14, 1967, 81
Stat. 447; Pub. L. 90–554, pt. I, § 101(a), Oct. 8, 1968, 82
Stat. 960, related to the establishment by the President
of the Development Loan Fund. See section 2151(b) of
this title.
Section 2162, Pub. L. 87–195, pt. I, § 202, Sept. 4, 1961,
75 Stat. 426; Pub. L. 88–205, pt. I, § 102(b), Dec. 16, 1963,
77 Stat. 380; Pub. L. 89–583, pt. I, § 102(b), Sept. 19, 1966,
80 Stat. 796; Pub. L. 90–137, pt. I, § 102(c), Nov. 14, 1967,
81 Stat. 447; Pub. L. 90–554, pt. I, § 101(b), Oct. 8, 1968, 82
Stat. 960; Pub. L. 91–175, pt. I, § 101(a), Dec. 30, 1969, 83
Stat. 805; Pub. L. 92–226, pt. I, § 101(a), Feb. 7, 1972, 86
Stat. 21, related to authoriz
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2164
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