22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 2430f

Enterprise for the Americas Funds

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

22 U.S.C. § 2430f — Enterprise for the Americas Funds

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 III-A - ENTERPRISE FOR THE AMERICAS INITIATIVE Sec. 2430f - Enterprise for the Americas Funds From the U.S. Government Publishing Office, www.gpo.gov

§2430f. Enterprise for the Americas Funds

(a) Establishment Each beneficiary country that enters into an Americas Framework Agreement shall be required to establish an Enterprise for the Americas Fund to receive payments in local currency pursuant to section 2430e(b)(1) of this title. (b) Deposits Local currencies deposited in an Americas Fund shall not be considered assistance for purposes of any provision of law limiting assistance to a country. (c) Investment Deposits made in an Americas Fund shall be invested until disbursed. Any return on such investment may be retained by the Americas Fund, without deposit in the Treasury of the United States and without further appropriation by the Congress. (d) Disbursements Funds in an Americas Fund shall be disbursed only pursuant to an Americas Framework Agreement.

(Pub. L. 87–195, pt. IV, §707, as added Pub. L. 102–549, title VI, §602(a), Oct. 28, 1992, 106 Stat. 3666.)

Editorial Notes

Prior Provisions A prior section 707 of Pub. L. 87–195, pt. IV, Sept. 4, 1961, 75 Stat. 464, amended section 1783 of this title, prior to repeal by Pub. L. 87–565, pt. IV, §401, Aug. 1, 1962, 76 Stat. 263, except insofar as section 707 affected section 1783.

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The statutory text of 22 U.S.C. § 2430f 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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