22 U.S.C. § 287h — Limitation on loan

submitted 64 years ago by Pub. L. 87-731 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 36 words · no verdicts yet

in plain englishAI-generated · not legal advice

The total U.S. loan to the UN can't exceed what other countries have loaned. This caps the loan authorized under section 287g.

The total amount the U.S. may loan the UN under the authorization in section 287g cannot be more than the combined total of loans other nations have made to the UN.

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

The total amount of money that may be loaned to the United Nations pursuant to the authorization contained in section 287g of this title shall not exceed the aggregate amount of loans made by other nations.

Source credit: (Pub. L. 87–731, § 2, Oct. 2, 1962, 76 Stat. 695.)

history & why it existsrecord from the source credit

1962Enacted · Pub. L. 87-731 · 76 Stat. 695

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-731 on 1962-10-02.

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