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22 U.S.C. § 9687 — Other terminations
Federal law — U.S. Code and appendices · legal_authorities
Page 2290
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 9687
agents, or to its corresponding organizational
units or functions. Statutory reporting require-
ments that applied in relation to such an agency
immediately before the effective date of this
chapter shall continue to apply following such
transfer if they refer to the agency by name.
(e) Employment provisions
(1) Regulations
The Corporation may, in regulations pre-
scribed jointly with the Director of the Office
of Personnel Management, adopt the rules,
procedures, terms, and conditions, established
by statute, rule, or regulation before October
5, 2018, relating to employment in any agency
transferred to the Corporation under section
9683 of this title.
(2) Effect of transfer on conditions of employ-
ment
Except as otherwise provided in this chap-
ter, or under authority granted by this chap-
ter, the transfer pursuant to this subchapter
of personnel shall not alter the terms and con-
ditions of employment, including compensa-
tion, of any employee so transferred.
(f) Statutory reporting requirements
Any statutory reporting requirement that ap-
plied to an agency transferred to the Corpora-
tion under this subchapter immediately before
October 5, 2018, shall continue to apply following
that transfer if the statutory requirement refers
to the agency by name.
(Pub. L. 115–254, div. F, title VI, § 1466, Oct. 5,
2018, 132 Stat. 3514.)
Editorial Notes
REFERENCES IN TEXT
The enactment of this Act, referred to in subsecs.
(a)(1), (b)(1), and (c), means the enactment of Pub. L.
115–254, Oct. 5, 2018, 132 Stat. 3186, known as the FAA
Reauthorization Act of 2018. For complete classifica-
tion of this Act to the Code, see Short Title note set
out under section 40101 of Title 49, Transportation
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Source location: USCODE-2024-title22-chap103-subchapVI-sec9687.pdf
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Page 2290
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 9687
agents, or to its corresponding organizational
units or functions. Statutory reporting require-
ments that applied in relation to such an agency
immediately before the effective date of this
chapter shall continue to apply following such
transfer if they refer to the agency by name.
(e) Employment provisions
(1) Regulations
The Corporation may, in regulations pre-
scribed jointly with the Director of the Office
of Personnel Management, adopt the rules,
procedures, terms, and conditions, established
by statute, rule, or regulation before October
5, 2018, relating to employment in any agency
transferred to the Corporation under section
9683 of this title.
(2) Effect of transfer on conditions of employ-
ment
Except as otherwise provided in this chap-
ter, or under authority granted by this chap-
ter, the transfer pursuant to this subchapter
of personnel shall not alter the terms and con-
ditions of employment, including compensa-
tion, of any employee so transferred.
(f) Statutory reporting requirements
Any statutory reporting requirement that ap-
plied to an agency transferred to the Corpora-
tion under this subchapter immediately before
October 5, 2018, shall continue to apply following
that transfer if the statutory requirement refers
to the agency by name.
(Pub. L. 115–254, div. F, title VI, § 1466, Oct. 5,
2018, 132 Stat. 3514.)
Editorial Notes
REFERENCES IN TEXT
The enactment of this Act, referred to in subsecs.
(a)(1), (b)(1), and (c), means the enactment of Pub. L.
115–254, Oct. 5, 2018, 132 Stat. 3186, known as the FAA
Reauthorization Act of 2018. For complete classifica-
tion of this Act to the Code, see Short Title note set
out under section 40101 of Title 49, Transportation, and
Tables.
This chapter, referred to in subsecs. (b)(2), (d), and
(e)(2), was in the original ‘‘this division’’, meaning divi-
sion F of Pub. L. 115–254, Oct. 5, 2018, 132 Stat. 3485,
which is classified principally to this chapter. For com-
plete classification of division F to the Code, see Short
Title note set out under section 9601 of this title and
Tables.
The effective date of this chapter, referred to in sub-
sec. (d), probably means the date of enactment of Pub.
L. 115–254, which enacted this chapter and which was
approved Oct. 5, 2018.
This subchapter, referred to in subsecs. (e)(2) and (f),
was in the original ‘‘this title’’, meaning title VI
(§§ 1461–1470) of div. F of Pub. L. 115–254, Oct. 5, 2018, 132
Stat. 3510, which is classified principally to this sub-
chapter and which repealed title IV of chapter 2 of part
I of the Foreign Assistance Act of 1961 (22 U.S.C. 2191 et
seq.), other than subsections (g), (l), (m), and (n) of sec-
tion 237 thereof (22 U.S.C. 2197(g), (l), (m), (n)), among
other amendments. For complete classification of title
VI to the Code, see Tables.
§ 9687. Other terminations
Except as otherwise provided in this chapter,
whenever all the functions vested by law in any
agency have been transferred pursuant to this
subchapter, each position and office the incum-
bent of which was authorized to receive com-
pensation at the rates prescribed for an office or
position at level II, III, IV, or V of the Executive
Schedule under subchapter II of chapter 53 of
title 5 shall terminate.
(Pub. L. 115–254, div. F, title VI, § 1467, Oct. 5,
2018, 132 Stat. 3515.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in text, was in the original
‘‘this division’’, meaning division F of Pub. L. 115–254,
Oct. 5, 2018, 132 Stat. 3485, which is classified prin-
cipally to this chapter. For complete classification of
division F to the Code, see Short Title note set out
under section 9601 of this title and Tables.
This subchapter, referred to in text, was in the origi-
nal ‘‘this title’’, meaning title VI (§§ 1461–1470) of div. F
of Pub. L. 115–254, Oct. 5, 2018, 132 Stat. 3510, which is
classified principally to this subchapter and which re-
pealed title IV of chapter 2 of part I of the Foreign As-
sistance Act of 1961 (22 U.S.C. 2191 et seq.), other than
subsections (g), (l), (m), and (n) of section 237 thereof (22
U.S.C. 2197(g), (l), (m), (n)), among other amendments.
For complete classification of title VI to the Code, see
Tables.
Levels II, III, IV, and V of the Executive Schedule, re-
ferred to in text, are set out in sections 5313, 5314, 5315,
and 5316, respectively, of Title 5, Government Organiza-
tion and Employees.
§ 9688. Incidental transfers
The Director of the Office of Management and
Budget, in consultation with the Corporation, is
authorized and directed to make such additional
incidental dispositions of personnel, assets, and
liabilities held, used, arising from, available, or
to be made available, in connection with the
functions transferred by this subchapter, as the
Director may determine necessary to accom-
plish the purposes of this chapter.
(Pub. L. 115–254, div. F, title VI, § 1468, Oct. 5,
2018, 132 Stat. 3515.)
Editorial Notes
REFERENCES IN TEXT
This subchapter, referred to in text, was in the origi-
nal ‘‘this title’’, meaning title VI (§§ 1461–1470) of div. F
of Pub. L. 115–254, Oct. 5, 2018, 132 Stat. 3510, which is
classified principally to this subchapter and which re-
pealed title IV of chapter 2 of part I of the Foreign As-
sistance Act of 1961 (22 U.S.C. 2191 et seq.), other than
subsections (g), (l), (m), and (n) of section 237 thereof (22
U.S.C. 2197(g), (l), (m), (n)), among other amendments.
For complete classification of title VI to the Code, see
Tables.
This chapter, referred to in text, was in the original
‘‘this division’’, meaning division F of Pub. L. 115–254,
Oct. 5, 2018, 132 Stat. 3485, which is classified prin-
cipally to this chapter. For complete classification of
division F to the Code, see Short Title note set out
under section 9601 of this title and Tables.
§ 9689. Reference
With respect to any function transferred under
this subchapter (including under a reorganiza-
tion plan under section 9682 of this title) and ex-
ercised on or after October 5, 2018, reference in
any other Federal law to any department, com-
mission, or agency or any officer or office the
functions of which are so transferred shall be
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
Page 678
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§§ 2191 to 2194
2 So in original. Probably should be ‘‘issued’’.
the event the borrower elects not to finance
such costs or fees out of loan principal. Guaran-
tees once issued hereunder shall be uncondi-
tional and fully and freely transferable.
(m) Terms and conditions
(1) Each loan guarantee issued under this sec-
tion shall guarantee 100 percent of the principal
and interest payable on such loans.
(2) The standard terms of any loan or incre-
ment guaranteed under this section shall be 30
years with semiannual payments of interest
only over the first 10 years, and with semiannual
payments of principal and interest on a level
payment basis, over the last 20 years thereof, ex-
cept that the guaranteed loan or any increments
issued in a single transaction may include obli-
gations having different maturities, interest
rates, and payment terms if the aggregate
scheduled debt service for all obligations issued
in a single transaction equals the debt service
for a single loan or increment of like amount
having the standard terms described in this sen-
tence. The guarantor shall not have the right to
accelerate any guaranteed loan or increment or
to pay any amounts in respect of the guarantees
issued other than in accordance with the origi-
nal payment terms of the loan. For purposes of
determining the maximum principal amount of
any loan or increment to be guaranteed under
this section, the principal amount of each such
loan or increment shall be—
(A) in the case of any loan issued on a dis-
count basis, the original issue price (excluding
any transaction costs) thereof; or
(B) in the case of any loan issue 2 on an in-
terest-bearing
basis,
the
stated
principal
amount thereof.
(Pub. L. 87–19
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2191
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Federal law — U.S. Code and appendices · legal_authorities
**(a) to (f). Repealed. Pub. L. 115–254, div. F, title VI, § 1464(2), Oct. 5, 2018, 132 Stat. 3513**
**(g) Fraud or misrepresentation** No payment may be made under any guaranty, insurance, or reinsurance issued pursuant to this subpart for any loss arising out of fraud or misrepresentation for which the party seeking payment is responsible.
**(h) to (k) Repealed. Pub. L. 115–254, div. F, title VI, § 1464(2), Oct. 5, 2018, 132 Stat. 3513**
**(l) Convictions under Foreign Corrupt Practices Act of 1977; prohibition on payments for losses resulting from unlawful activities; suspension from eligibility of receipt of financial support**
(1) No payment may be made under any insurance or reinsurance which is issued under this subpart on or after April 24, 1978, for any loss occurring with respect to a project, if the preponderant cause of such loss was an act by the investor seeking payment under this subpart, by a person possessing majority ownership and control of the investor at the time of the act, or by any agent of such investor or controlling person, and a court of the United States has entered a final judgment that such act constituted a violation under the Foreign Corrupt Practices Act of 1977.
(2) Not later than 120 days after April 24, 1978, the Corporation shall adopt regulations setting forth appropriate conditions under which any person convicted under the Foreign Corrupt Practices Act of 1977 for an offense related to a project insured or otherwise supported by the Corporation shall be suspended, for a period of not more than five years, from eligibility to receive any insurance, reinsurance, guaranty, loan, or other financial support authorized by this subpart.
**(m) Notification of countries of environmental restrictions on certain activities**
(1) Befo
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2197
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Federal law — U.S. Code and appendices · legal_authorities
Page 679
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 2197
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF REPEAL
Repeal effective at the end of the transition period,
as defined in section 9681 of this title, see section 9684
of this title.
APPROPRIATION
OF MONEYS
IN ADVANCE
AS REQUISITE
TO
PURCHASES, INVESTMENTS, OR
OTHER
ACQUISI-
TIONS
OF EQUITY
BY FUND CREATED UNDER PILOT
EQUITY FINANCE PROGRAM
Pub. L. 100–461, title V, § 555, Oct. 1, 1988, 102 Stat.
2268–36, provided in part: ‘‘That purchases, investments
or other acquisitions of equity by the fund created by
section 104 of H.R. 5263 as hereby enacted [former 22
U.S.C. 2194(g)(5)] are limited to such amounts as may be
provided in advance in appropriations Acts’’, and fur-
ther provided ‘‘That purchases, investments or other
acquisitions of equity by the fund created by section
104 of S. 2757 as hereby enacted [former 22 U.S.C.
2194(g)(5)] are limited to such amounts as may be pro-
vided in advance in appropriations Acts’’.
OVERSEAS PRIVATE INVESTMENT CORPORATION;
REAFFIRMATION OF SUPPORT
Pub. L. 100–418, title II, § 2203(a), Aug. 23, 1988, 102
Stat. 1328, provided that Congress reaffirmed its sup-
port for the former Overseas Private Investment Cor-
poration as a United States Government agency serv-
ing important development assistance goals.
Executive Documents
EX. ORD. NO. 11579. OVERSEAS PRIVATE INVESTMENT
CORPORATION
Ex. Ord. No. 11579, Jan. 19, 1971, 36 F.R. 969, as amend-
ed by Ex. Ord. No. 12107, Dec. 28, 1978, 44 F.R. 1055; Ex.
Ord. No. 12163, Sept. 29, 1979, 44 F.R. 56673, provided:
By virtue of the authority vested in me by the For-
eign Assistance Act of 1961 (75 Stat. 424), as amended
(hereinafter the ‘‘Act’’) [section 2151 et seq. of this
title] and section 301 of
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2197
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Completed administrative actions**
(1) **In general** — Completed administrative actions of an agency shall not be affected by the enactment of this Act or the transfer of such agency to the Corporation under [section 9683 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section9683&num=0&edition=prelim), but shall continue in effect according to their terms until amended, modified, superseded, terminated, set aside, or revoked in accordance with law by an officer of the United States or a court of competent jurisdiction, or by operation of law.
(2) **Completed administrative action defined** — In this subsection, the term “completed administrative action” includes orders, determinations, rules, regulations, personnel actions, permits, agreements, grants, contracts, certificates, policies, licenses, registrations, and privileges.
**(b) Pending proceedings**
(1) **In general** — Pending proceedings in an agency, including notices of proposed rulemaking, and applications for licenses, permits, certificates, grants, and financial assistance, shall continue notwithstanding the enactment of this Act or the transfer of the agency to the Corporation, unless discontinued or modified under the same terms and conditions and to the same extent that such discontinuance could have occurred if such enactment or transfer had not occurred.
(2) **Orders** — Orders issued in proceedings described in paragraph (1), and appeals therefrom, and payments made pursuant to such orders, shall issue in the same manner and on the same terms as if this chapter had not been enacted or the agency had not been transferred, and any such orders shall continue in effect until amended, modified, superseded, terminated, set aside, or revoked by an officer of th
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