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22 U.S.C. § 283vLoans to the Caribbean Development Bank

submitted 50 years ago by Pub. L. 86-147 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 45 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 certain Bank amendments. The amendments change three sections of the Bank's founding agreement. They let the Bank lend money to the Caribbean Development Bank.

The U.S. Governor of the Bank may agree to amendments to article III, sections 1, 4, and 6(b), of the Agreement Establishing the Bank. The Board of Executive Directors proposed these amendments. They allow the Bank to lend money to the Caribbean Development Bank.
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 III, sections 1, 4, and 6(b) of the Agreement Establishing the Bank, as proposed by the Board of Executive Directors, to provide for lending to the Caribbean Development Bank.

Source credit: (Pub. L. 86–147, § 25, 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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