22 U.S.C. § 286h — Status, privileges, and immunities of the United States

submitted 81 years ago by ch. 339 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 87 words · no verdicts yet

in plain englishAI-generated · not legal advice

Certain sections of the IMF's and World Bank's founding treaties automatically become full U.S. law. This covers Article IX, sections 2 through 9, and part of Article VIII, section 2(b), of the Fund's agreement. It also covers Article VI, section 5(i), and Article VII, sections 2 through 9, of the Bank's agreement, once the U.S. joined and each institution was created.

This section gives certain parts of the IMF's and World Bank's founding treaties full legal force inside the United States and its territories. For the IMF ("the Fund"), these are: Article IX, sections 2 through 9 (all of them), and the first sentence of Article VIII, section 2(b), of the Fund's Articles of Agreement. For the World Bank ("the Bank"), these are: Article VI, section 5(i), and Article VII, sections 2 through 9 (all of them), of the Bank's Articles of Agreement. These provisions took effect once the United States accepted membership in, and each institution was established as, the Fund and the Bank.

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

The provisions of article IX, sections 2 to 9, both inclusive, and the first sentence of article VIII, section 2(b), of the Articles of Agreement of the Fund, and the provisions of article VI, section 5(i), and article VII, sections 2 to 9, both inclusive, of the Articles of Agreement of the Bank, shall have full force and effect in the United States and its Territories and possessions upon acceptance of membership by the United States in, and the establishment of, the Fund and the Bank, respectively.

Source credit: (July 31, 1945, ch. 339, § 11, 59 Stat. 516.)

history & why it existsrecord from the source credit

1945Enacted · Act of July 31, 1945, ch. 339 · 59 Stat. 516

A history note hasn’t been published yet. The record shows enactment by ch. 339 on 1945-07-31.

all 0 arguments · sorted by: best

no arguments yet — make the first case