22 U.S.C. § 286e–6 — Vote against establishment of Council

submitted 81 years ago by Pub. L. 94-564 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 52 words · no verdicts yet

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This law directs the U.S. Governor of the IMF to oppose creating a certain IMF Council. That opposition applies whenever the U.S. vote in the Council would be smaller than its weighted vote in the Fund itself.

The United States Governor of the Fund is directed to vote against setting up a "Council" — a body authorized under Article XII, Section 1 of the Fund's Articles of Agreement, as amended. This applies whenever, under any circumstances, the United States' vote within that Council would end up smaller than its weighted vote within the Fund as a whole.

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

The United States Governor of the Fund is directed to vote against the establishment of a Council authorized under Article XII, Section 1 of the Fund Articles of Agreement as amended, if under any circumstances the United States’ vote in the Council would be less than its weighted vote in the Fund.

Source credit: (July 31, 1945, ch. 339, § 26, 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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