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22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 2282

Assistance for commercial debt exchanges

Ch. 32 — FOREIGN ASSISTANCE
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 32
Statutory Text

22 U.S.C. § 2282 — Assistance for commercial debt exchanges

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 32 - FOREIGN ASSISTANCE SUBCHAPTER I - INTERNATIONAL DEVELOPMENT Part VII - Debt-for-Nature Exchanges Sec. 2282 - Assistance for commercial debt exchanges From the U.S. Government Publishing Office, www.gpo.gov

§2282. Assistance for commercial debt exchanges

(a) The Administrator of the Agency for International Development is authorized to furnish assistance, in the form of grants on such terms and conditions as may be necessary, to nongovernmental organizations for the purchase on the open market of discounted commercial debt of a foreign government of an eligible country which will be canceled or redeemed under the terms of an agreement with that government as part of a debt-for-nature exchange. (b) Notwithstanding any other provision of law, a grantee (or any subgrantee) of the grants referred to in subsection (a) may retain, without deposit in the Treasury of the United States and without further appropriation by Congress, interest earned on the proceeds of any resulting debt-for-nature exchange pending the disbursements of such proceeds and interest for approved program purposes, which may include the establishment of an endowment, the income of which is used for such purposes.

(Pub. L. 87–195, pt. I, §462 [472], as added Pub. L. 101–240, title VII, §711, Dec. 19, 1989, 103 Stat. 2521.)

Editorial Notes

Codification Another section 462 of Pub. L. 87–195 is classified to section 2272 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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22 U.S.C. § 2282
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The statutory text of 22 U.S.C. § 2282 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 22 U.S.C. § 2281 22 U.S.C. § 2283 →
Ch. 32 — FOREIGN ASSISTANCE
22 U.S.C. § 215122 U.S.C. § 2151122 U.S.C. § 2151222 U.S.C. § 2151a22 U.S.C. § 2151a122 U.S.C. § 2151b22 U.S.C. § 2151b122 U.S.C. § 2151b222 U.S.C. § 2151b322 U.S.C. § 2151b422 U.S.C. § 2151c22 U.S.C. § 2151c122 U.S.C. § 2151d22 U.S.C. § 2151e22 U.S.C. § 2151f22 U.S.C. § 2151g22 U.S.C. § 2151h22 U.S.C. § 2151i22 U.S.C. § 2151j22 U.S.C. § 2151k22 U.S.C. § 2151l22 U.S.C. § 2151n22 U.S.C. § 2151n122 U.S.C. § 2151n222 U.S.C. § 2151o22 U.S.C. § 2151p22 U.S.C. § 2151p122 U.S.C. § 2151q22 U.S.C. § 2151r22 U.S.C. § 2151s
22 U.S.C. — public domain ← All Legislation
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