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22 U.S.C. § 2430f — Enterprise for the Americas Funds
Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** Each beneficiary country that enters into an Americas Framework Agreement shall be required to establish an Enterprise for the Americas Fund to receive payments in local currency pursuant to [section 2430e(b)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430e/b/1&num=0&edition=prelim).
**(b) Deposits** Local currencies deposited in an Americas Fund shall not be considered assistance for purposes of any provision of law limiting assistance to a country.
**(c) Investment** Deposits made in an Americas Fund shall be invested until disbursed. Any return on such investment may be retained by the Americas Fund, without deposit in the Treasury of the United States and without further appropriation by the Congress.
**(d) Disbursements** Funds in an Americas Fund shall be disbursed only pursuant to an Americas Framework Agreement.
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Source file: Laws/federal/codes/united-states-code/title-22/section-2430f-enterprise-for-the-americas-funds--842d4b048e.md
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Source location: Title 22, Chapter 32, § 2430f; chapter-032-foreign-assistance.md
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**(a) Establishment** Each beneficiary country that enters into an Americas Framework Agreement shall be required to establish an Enterprise for the Americas Fund to receive payments in local currency pursuant to [section 2430e(b)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430e/b/1&num=0&edition=prelim).
**(b) Deposits** Local currencies deposited in an Americas Fund shall not be considered assistance for purposes of any provision of law limiting assistance to a country.
**(c) Investment** Deposits made in an Americas Fund shall be invested until disbursed. Any return on such investment may be retained by the Americas Fund, without deposit in the Treasury of the United States and without further appropriation by the Congress.
**(d) Disbursements** Funds in an Americas Fund shall be disbursed only pursuant to an Americas Framework Agreement.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** to (c) Repealed. Pub. L. 87–195, pt. III, § 642(a)(2), Sept. 4, 1961, 75 Stat. 460.
**(d)** Whenever the President determines that the prevention of improper currency transactions in a given country requires it, he may direct the chief of the United States diplomatic mission there to issue regulations applicable to members of the Armed Forces and officers and employees of the United States Government, and to contractors with the United States Government and their employees, governing the extent to which their pay and allowances received and to be used in that country shall be paid in local currency. Notwithstanding any other law, United States Government agencies are authorized and directed to comply with such regulations.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 1783
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** Each beneficiary country that enters into a Conservation Agreement under [section 2431g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431g&num=0&edition=prelim) shall be required to establish a Conservation Fund to receive payments of interest and principal on new obligations undertaken by the beneficiary country under this subchapter.
**(b) Requirements relating to operation of Fund** The following terms and conditions shall apply to the Fund in the same manner as such terms as 11 So in original. Probably should be “and”. conditions apply to an Enterprise for the Americas Fund under [section 2430f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430f&num=0&edition=prelim):
(1) The provision relating to deposits under subsection (b) of such section.
(2) The provision relating to investments under subsection (c) of such section.
(3) The provision relating to disbursements under subsection (d) of such section.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2431h
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Federal law — U.S. Code and appendices · legal_authorities
Page 948
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 2430d
Editorial Notes
REFERENCES IN TEXT
Section 321 of the International Development and
Food Assistance Act of 1975, referred to in subsec.
(a)(3)(B), is section 321 of Pub. L. 94–161, which is set
out as a note under section 2220a of this title.
PRIOR PROVISIONS
A prior section 704 of Pub. L. 87–195, pt. IV, Sept. 4,
1961, 75 Stat. 463, amended section 1704 of Title 7, Agri-
culture, prior to repeal by Pub. L. 87–565, pt. IV, § 401,
Aug. 1, 1962, 76 Stat. 263, except insofar as section 704
affected section 1704.
Statutory Notes and Related Subsidiaries
REFERENCES TO SUBCHAPTER I DEEMED TO INCLUDE
CERTAIN PARTS OF SUBCHAPTER II
References to subchapter I of this chapter are deemed
to include parts IV (§ 2346 et seq.), VI (§ 2348 et seq.), and
VIII (§ 2349aa et seq.) of subchapter II of this chapter,
and references to subchapter II are deemed to exclude
such parts. See section 202(b) of Pub. L. 92–226, set out
as a note under section 2346 of this title, and sections
2348c and 2349aa–5 of this title.
Executive Documents
DELEGATION OF FUNCTIONS
For delegation of functions of President under this
section, see Ex. Ord. No. 12163, Sept. 29, 1979, 44 F.R.
56673, as amended, set out as a note under section 2381
of this title.
For delegation of functions of President under subsec.
(a) of this section, see section 1 of Ex. Ord. No. 13345,
July 8, 2004, 69 F.R. 41901, set out as a note under sec-
tion 1738 of Title 7, Agriculture.
§ 2430d. Repayment of principal
(a) Currency of payment
The principal amount of each new obligation
issued pursuant to section 2430c(b) of this title
shall be repaid in United States dollars.
(b) Deposit of payments
Principal repayments of new obligations shall
be
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2430f
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