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7 U.S.C. § 1738gEnterprise for the Americas environmental funds

submitted 72 years ago by Pub. L. 101-624 to r/title-7-AGRICULTURE · 94 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) Establishment

An eligible country shall, under the terms of an environmental framework agreement entered into under section 1738f of this title, establish an Environmental Fund to receive payments in local currency pursuant to section 1738f(b)(1) of this title.

(b) Investment

Amounts deposited into an Environmental Fund shall be invested until disbursed. Notwithstanding any other provision of law, any return on such investment may be retained by the Environmental Fund and need not be deposited to the account of the Commodity Credit Corporation and may be retained without further appropriation by Congress.

Source credit: (July 10, 1954, ch. 469, title VI, § 608, as added Pub. L. 101–624, title XV, § 1512, Nov. 28, 1990, 104 Stat. 3660.)

history & why it existsrecord from the source credit
  • 1954Enacted · Pub. L. 101-624 · 104 Stat. 3660

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-624 on 1954-07-10.

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