ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

22 U.S.C. § 286e–4Loans to International Finance Corporation; amendment to Articles of Agreement

submitted 81 years ago by Pub. L. 89-126 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 47 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law lets the U.S. Governor of the World Bank approve an Articles change. That change would let the Bank make, join, or guarantee loans to the International Finance Corporation. The IFC would then use that money for its own lending.

The United States Governor of the Bank may agree to an amendment to the Bank's Articles of Agreement. This amendment would let the Bank make loans to the International Finance Corporation, join with others in making such loans, or guarantee loans made to it — with the Corporation using that money for its own lending operations.
the actual law source: uscode.house.gov ↗public domain

The United States Governor of the Bank is authorized to agree to an amendment to the articles of agreement of the Bank to permit the Bank to make, participate in, or guarantee loans to the International Finance Corporation for use in the lending operations of the latter.

Source credit: (July 31, 1945, ch. 339, § 21, as added Pub. L. 89–126, § 1(3), Aug. 14, 1965, 79 Stat. 519.)

history & why it existsrecord from the source credit
  • 1945Enacted · Pub. L. 89-126 · 79 Stat. 519

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-126 on 1945-07-31.

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case