22 U.S.C. § 283u — Membership in the Bank for the Bahamas and Guyana

submitted 50 years ago by Pub. L. 86-147 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 64 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law lets the U.S. Governor of the Inter-American Development Bank agree to two Bank amendments. They open Bank membership to the Bahamas and Guyana. The Bank sets the timing and terms for their membership.

The U.S. Governor of the Bank may agree to amendments to article II, section 1(b), and article IV, section 3(b), of the Agreement Establishing the Bank. These amendments, proposed by the Board of Executive Directors, open Bank membership to the Bahamas and Guyana, on whatever timing and terms the Bank decides.

the actual law source: uscode.house.gov ↗public domain

The United States Governor of the Bank is authorized to agree to the amendments to article II, section 1(b) and article IV, section 3(b) of the Agreement Establishing the Bank, as proposed by the Board of Executive Directors, to provide for membership for the Bahamas and Guyana in the Bank at such times and in accordance with such terms as the Bank may determine.

Source credit: (Pub. L. 86–147, § 24, as added Pub. L. 94–302, title I, § 103(a)(1), May 31, 1976, 90 Stat. 592.)

history & why it existsrecord from the source credit

1976Enacted · Pub. L. 86-147 · 90 Stat. 592

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-147 on 1976-05-31.

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