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22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 290g11

Additional authorization for payment of United States contribution

Ch. 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 7
Statutory Text

22 U.S.C. § 290g11 — Additional authorization for payment of United States contribution

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 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC. SUBCHAPTER XXII - AFRICAN DEVELOPMENT FUND Sec. 290g-11 - Additional authorization for payment of United States contribution From the U.S. Government Publishing Office, www.gpo.gov

§290g–11. Additional authorization for payment of United States contribution

(a) United States share The United States Governor of the Fund is authorized to contribute on behalf of the United States $125,000,000 to the Fund as the United States contribution to the second replenishment of the resources of the Fund, except that any commitment to make such contribution shall be made subject to obtaining the necessary appropriations. (b) Authorization of appropriations In order to pay for the United States contribution provided for in this section, there is authorized to be appropriated, without fiscal year limitation, $125,000,000 for payment by the Secretary of the Treasury. (c) Funding requirements For the purpose of keeping to a minimum the cost to the United States, the Secretary of the Treasury— (1) shall pay the United States contribution to the African Development Fund authorized by this section by letter of credit in three annual installments; and (2) shall take the steps necessary to obtain a certification from the Fund that any undisbursed balances resulting from draw-downs on such letter of credit will not exceed at any time the United States share of expected disbursement requirements for the following three-month period.

(Pub. L. 94–302, title II, §212, as added Pub. L. 96–259, title III, §301(2), June 3, 1980, 94 Stat. 430.)

Source: uscode.house.gov — public domain Official Source ↗
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boisestandard.org
Citation
22 U.S.C. § 290g11
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The statutory text of 22 U.S.C. § 290g11 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).
Navigate Corpus — Title 22
← 22 U.S.C. § 290g10 22 U.S.C. § 290g12 →
Ch. 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.
22 U.S.C. § 26122 U.S.C. § 26222 U.S.C. § 262122 U.S.C. § 262a22 U.S.C. § 262b22 U.S.C. § 262c22 U.S.C. § 262d22 U.S.C. § 262d122 U.S.C. § 262e22 U.S.C. § 262f22 U.S.C. § 262g22 U.S.C. § 262g122 U.S.C. § 262g222 U.S.C. § 262g322 U.S.C. § 262h22 U.S.C. § 262i22 U.S.C. § 262j22 U.S.C. § 262k22 U.S.C. § 262k122 U.S.C. § 262k222 U.S.C. § 262l22 U.S.C. § 262l122 U.S.C. § 262l222 U.S.C. § 262l322 U.S.C. § 262m22 U.S.C. § 262m122 U.S.C. § 262m222 U.S.C. § 262m322 U.S.C. § 262m422 U.S.C. § 262m5
22 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 22 → 22 U.S.C. § 290g11