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22 U.S.C. § 286e–1e — Equivalent increase in quota of United States
submitted 81 years ago by Pub. L. 94-564 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 31 words · no verdicts yet
in plain englishAI-generated · not legal advice
This law lets the U.S. Governor of the IMF agree to raise the U.S. quota. The increase equals 1,705 million Special Drawing Rights, the IMF's own unit of account.
The United States Governor of the Fund may consent to an increase in the U.S. quota at the Fund. The increase equals 1,705 million Special Drawing Rights — "Special Drawing Rights" being a term this section uses but does not define; it is the Fund's own international reserve unit.
the actual law source: uscode.house.gov ↗public domain
The United States Governor of the Fund is authorized to consent to an increase in the quota of the United States in the Fund equivalent to 1,705 million Special Drawing Rights.
Source credit: (July 31, 1945, ch. 339, § 25, as added Pub. L. 94–564, § 1, Oct. 19, 1976, 90 Stat. 2660.)
history & why it existsrecord from the source credit
- 1945Enacted · Pub. L. 94-564 · 90 Stat. 2660
A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-564 on 1945-07-31.
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