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22 U.S.C. § 290i–1Governor and Alternate Governor

submitted 45 years ago by Pub. L. 97-35 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 173 words · no verdicts yet

in plain englishAI-generated · not legal advice

The President appoints a Governor and Alternate Governor to represent the U.S. at the Bank. They serve five-year terms without pay, and the Governor casts U.S. votes on the President's instructions.

(a) Appointment: The President picks a Governor and an Alternate Governor for the Bank. The President can either send the pick to the Senate for approval, or choose someone who already got Senate approval for another job. (b) Term: The Governor and Alternate Governor each serve for five years. The President can end their appointment early or reappoint them at any time. They keep serving until someone new is appointed to replace them. (c) Compensation: These officials get no salary or pay from the United States for this work. The only exception: the government can cover reasonable costs to attend Bank meetings. (d) Voting: The Governor decides how the United States votes for the Director who represents the U.S. at the Bank. If the Governor is away, the Alternate Governor does this instead. Either way, they must follow the President's instructions.
the actual law source: uscode.house.gov ↗public domain
(a) Appointment

The President shall appoint a Governor and an Alternate Governor of the Bank—

(1)

by and with the advice and consent of the Senate; or

(2)

from among individuals serving as officials required by law to be appointed by and with the advice and consent of the Senate.

(b) Term; termination and reappointment

The term of office for the Governor and the Alternate Governor shall be five years, subject at any time to termination of appointment or to reappointment. The Governor and Alternate Governor shall remain in office until a successor has been appointed.

(c) Compensation and expenses

No person shall be entitled to receive any salary or other compensation from the United States for services as a Governor or Alternate Governor, except for reasonable expenses to attend meetings of the Board of Governors.

(d) Voting

The Governor, or in the Governor’s absence the Alternate Governor, on the instructions of the President, shall cast the votes of the United States for the Director to represent the United States in the Bank.

Source credit: (Pub. L. 97–35, title XIII, § 1333, Aug. 13, 1981, 95 Stat. 741; Pub. L. 101–513, title V, § 562(b)(3), Nov. 5, 1990, 104 Stat. 2034; Pub. L. 112–166, § 2(z)(1), Aug. 10, 2012, 126 Stat. 1289.)

history & why it existsrecord from the source credit
  • 1981Enacted · Pub. L. 97-35 · 95 Stat. 741
  • 1990Amended · Pub. L. 101-513 · 104 Stat. 2034
  • 2012Amended · Pub. L. 112-166 · 126 Stat. 1289

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-35 on 1981-08-13.

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