22 U.S.C. § 262p–11 — Opposition to loans or funds for countries that support terrorism
submitted 17 years ago by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 104 words · no verdicts yet
The Treasury Secretary must direct U.S. bank representatives to oppose loans to state sponsors of terrorism. This applies to any country the State Department has repeatedly found supports international terrorism. It uses definitions from three related federal laws.
The Secretary of the Treasury shall instruct the United States Executive Director at each of the International Financial Institutions* 1 (as defined in section 262r(c)(2) of this title) to use the voice and vote of the United States to oppose the provision of loans or other use of the funds of the respective institution to any country the government of which the Secretary of State has determined, for purposes of section 4605(j) 2 of title 50, section 2371 of this title, or section 2780 of this title, to be a government that has repeatedly provided support for acts of international terrorism.
Source credit: (Pub. L. 95–118, title XVI (par.), as added Pub. L. 111–32, title XIV, § 1404, June 24, 2009, 123 Stat. 1919.)
- 2009Enacted · Pub. L. 95-118 · 123 Stat. 1919
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 2009-06-24.
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