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22 U.S.C. § 262 — Amendments to constitution of Organization involving new obligations
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 approve any amendment under article XIII of the constitution of the Organization involving any new obligation for the United States.
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Source file: Laws/federal/codes/united-states-code/title-22/section-262-amendments-to-constitution-of-organization-involving-new-obligations--4c25548562.md
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Source location: Title 22, Chapter 7, § 262; 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 approve any amendment under article XIII of the constitution of the Organization involving any new obligation for the United States.
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Federal law — U.S. Code and appendices · legal_authorities
The policies and operations of the representatives of the United States on the Bank shall be coordinated with other United States policies in such manner as the President shall direct.
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Federal law — U.S. Code and appendices · legal_authorities
Page 34
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 261
‘‘(a) UNITED STATES SUPPORT
FOR GRADUATION
OF
CHINA FROM WORLD BANK ASSISTANCE.—
‘‘(1) IN GENERAL.—The United States Governor of
the International Bank for Reconstruction and Devel-
opment (in this section referred to as the ‘IBRD’)
shall instruct the United States Executive Director
at the IBRD that it is the policy of the United States
to—
‘‘(A) pursue the expeditious graduation of the
People’s Republic of China from assistance by the
IBRD, consistent with the lending criteria of the
IBRD; and
‘‘(B) until the graduation of China from IBRD as-
sistance, prioritize projects in China that con-
tribute to global public goods, to the extent prac-
ticable.
‘‘(2) SUNSET.—Paragraph (1) shall have no force or
effect on or after the earlier of—
‘‘(A) the date that is 7 years after the date of the
enactment of this Act [Jan. 1, 2021]; or
‘‘(B) the date that the Secretary of the Treasury
reports to the Committee on Financial Services of
the House of Representatives and the Committee on
Foreign Relations of the Senate that termination
of paragraph (1) is important to the national inter-
est of the United States, with a detailed expla-
nation of the reasons therefor.
‘‘(b) ACCOUNTABILITY FOR WORLD BANK LOANS TO THE
PEOPLE’S REPUBLIC OF CHINA.—
‘‘(1) IN GENERAL.—Not later than 180 days after the
date of the enactment of this Act, the United States
Governor of the IBRD shall submit the report de-
scribed in paragraph (2) to the Committee on Finan-
cial Services of the House of Representatives and the
Committee on Foreign Relations of the Senate.
‘‘(2) REPORT
DESCRIBED.—The report described in
this paragraph shall include the following:
‘‘(A) A detailed description of the efforts of the
United States Go
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 262
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