22 U.S.C. § 286e–1l — Quota increase to 8,608,500,000 Special Drawing Rights

submitted 81 years ago by Pub. L. 102-511 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 40 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 8,608,500,000 Special Drawing Rights, limited to what Congress funds in advance.

The United States Governor of the Fund may consent to an increase in the U.S. quota at the Fund, equal to 8,608,500,000 Special Drawing Rights. This authority is limited to whatever amount Congress appropriates in advance.

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

The United States Governor of the Fund may consent to an increase in the quota of the United States in the Fund equivalent to 8,608,500,000 Special Drawing Rights, limited to such amounts as are provided in advance in appropriations Acts.

Source credit: (July 31, 1945, ch. 339, § 56, as added Pub. L. 102–511, title X, § 1001, Oct. 24, 1992, 106 Stat. 3357.)

history & why it existsrecord from the source credit

1945Enacted · Pub. L. 102-511 · 106 Stat. 3357

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-511 on 1945-07-31.

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