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22 U.S.C. § 290d — Congressional authorization needed for certain actions
Federal law — U.S. Code and appendices · legal_authorities
Unless Congress by law authorizes such action, neither the President nor any person or agency shall on behalf of the United States (a) request or consent to any change in the quota of the United States under article III, section 2(a), of the Articles of Agreement of the Fund; (b) propose a par value for the United States dollar under paragraph 2, paragraph 4, or paragraph 10 of schedule C of the Articles of Agreement of the Fund; (c) propose any change in the par value of the United States dollar under paragraph 6 of schedule C of the Articles of Agreement of the Fund, or approve any general change in par values under paragraph 11 of schedule C; (d) subscribe to additional shares of stock under article II, section 3, of the Articles of Agreement of the Bank; (e) accept any amendment under article XXVIII of the Articles of Agreement of the Fund or Article VIII of the Articles of Agreement of the Bank; (f) make any loan to the Fund or the Bank; or (g) approve any disposition of Fund gold, unless the Secretary certifies to the Congress that such disposition is necessary for the Fund to restitute gold to its members, or for the Fund to provide liquidity that will enable the Fund to meet member country claims on the Fund or to meet threats to the systemic stability of the international financial system. Unless Congress by law authorizes such action, no governor or alternate appointed to represent the United States shall vote for an increase of capital stock of the Bank under article II, section 2, of the Articles of Agreement of the Bank, if such increase involves an increased subscription on the part of the United States. Neither the President nor any person or agency shall, on behalf of the United States, consent to any borrowing (other than borrowing from a foreign govern
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Source location: Title 22, Chapter 7, § 290d; chapter-007-international-bureaus-congresses-etc.md
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Unless Congress by law authorizes such action, neither the President nor any person or agency shall on behalf of the United States (a) request or consent to any change in the quota of the United States under article III, section 2(a), of the Articles of Agreement of the Fund; (b) propose a par value for the United States dollar under paragraph 2, paragraph 4, or paragraph 10 of schedule C of the Articles of Agreement of the Fund; (c) propose any change in the par value of the United States dollar under paragraph 6 of schedule C of the Articles of Agreement of the Fund, or approve any general change in par values under paragraph 11 of schedule C; (d) subscribe to additional shares of stock under article II, section 3, of the Articles of Agreement of the Bank; (e) accept any amendment under article XXVIII of the Articles of Agreement of the Fund or Article VIII of the Articles of Agreement of the Bank; (f) make any loan to the Fund or the Bank; or (g) approve any disposition of Fund gold, unless the Secretary certifies to the Congress that such disposition is necessary for the Fund to restitute gold to its members, or for the Fund to provide liquidity that will enable the Fund to meet member country claims on the Fund or to meet threats to the systemic stability of the international financial system. Unless Congress by law authorizes such action, no governor or alternate appointed to represent the United States shall vote for an increase of capital stock of the Bank under article II, section 2, of the Articles of Agreement of the Bank, if such increase involves an increased subscription on the part of the United States. Neither the President nor any person or agency shall, on behalf of the United States, consent to any borrowing (other than borrowing from a foreign government or other official public source) by the Fund of funds denominated in United States dollars, unless the Secretary of the Treasury transmits a notice of such proposed borrowing to both Houses of the Congress at least 60 days prior to the date on which such borrowing is scheduled to occur.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Sections 281b–2 to 281j of this title contained provisions relating to the Institute of Inter-American Affairs. The Institute was created pursuant to act Aug. 5, 1947, ch. 498, 61 Stat. 780. Section 3 of such act, as amended, provided that the Institute was to have succession until June 30, 1960. See Codification note set out under [section 281 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section281&num=0&edition=prelim).
Section 281b–2, acts Aug. 26, 1954, ch. 937, title V, § 544(a), 68 Stat. 862; Aug. 14, 1957, Pub. L. 85–141, § 11(b)(1), 71 Stat. 365, authorized the Institute of Inter-American Affairs to make contracts for periods not to exceed five years, with the proviso that any contract extending beyond June 30, 1960, be made subject to termination by the Institute upon notice, and provided that the Institute, on and after July 1, 1954, be subject to the applicable provisions of the Budget and Accounting Act, 1921, as amended, in lieu of the provisions of the Government Corporation Control Act, as amended [[31 U.S.C. 9101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section9101&num=0&edition=prelim) et seq.].
Section 281c, act Aug. 5, 1947, ch. 498, § 4, 61 Stat. 782, provided for transfer of assets to United States Treasury upon termination of corporate life of Institute of Inter-American Affairs.
Section 281d, act Aug. 5, 1947, ch. 498, § 5, 61 Stat. 782, established a Board of Directors for Institute of Inter-American Affairs, and enumerated powers of Board.
Section 281e, act Aug. 5, 1947, ch. 498, § 6, 61 Stat. 782, provided that Institute of Inter-American Affairs be a nonprofit corporation, have no capital stock, and that no part of its revenue, earnin
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Federal law — U.S. Code and appendices · legal_authorities
Page 249
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 290e
States for any fiscal year of the Organization
after 1958 shall not exceed 331⁄3 per centum of
the total assessments of active members of the
Organization for such fiscal year; and
(b) such additional sums, not to exceed
$83,000 for the fiscal year beginning July 1,
1947, as may be necessary to pay the expenses
incident to participation by the United States
in the activities of the Organization, includ-
ing—
(1) salaries of the representative and alter-
nate provided for in section 290a of this title,
and appropriate staff, including personal
services in the District of Columbia and else-
where, without regard to the civil-service
laws and chapter 51 and subchapter III of
chapter 53 of title 5; services as authorized
by section 3109 of title 5; under such rules
and regulations as the Secretary of State
may prescribe, allowances for living quar-
ters, including heat, fuel, and light and cost
of living allowances to persons temporarily
stationed abroad; printing and binding with-
out regard to section 501 of title 44 and sec-
tion 6101 of title 41; and
(2) such other expenses as the Secretary of
State deems necessary to participation by
the United States in the activities of the Or-
ganization: Provided, That the provisions of
section 287r of this title, and regulations
thereunder, applicable to expenses incurred
pursuant to subchapter XVII of this chapter
shall be applicable to any expenses incurred
pursuant to this paragraph.
(June 14, 1948, ch. 469, § 3, 62 Stat. 441; Oct. 28,
1949, ch. 782, title II, § 202(2), title XI, § 1106(a), 63
Stat. 954, 972; Sept. 21, 1950, ch. 976, § 1(d), 64
Stat. 902; Aug. 26, 1954, ch. 937, title IV, § 419, as
added July 8, 1955, ch. 301, § 8(j), 69 S
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