1. U.S. Code
  2. title 22
  3. chapter 7
  4. subchapter XXX
  5. § 290o-4

Collapse to view only § 290o-4. Subscription of stock

§ 290o. Acceptance of membership

The President is hereby authorized to accept membership for the United States in the Bank for Economic Cooperation and Development in the Middle East and North Africa (in this subchapter referred to as the “Bank”) provided for by the agreement establishing the Bank (in this subchapter referred to as the “Agreement”), signed on May 31, 1996.

(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 702], Sept. 30, 1996, 110 Stat. 3009–121, 3009–179.)

CITE AS: 22 USC 290o

§ 290o–1. Governor and alternate Governor
(a) Appointment
(b) Compensation
(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 703], Sept. 30, 1996, 110 Stat. 3009–121, 3009–179.)

CITE AS: 22 USC 290o-1

§ 290o–2. Applicability of certain provisions of Bretton Woods Agreements Act

Section 286b of this title shall apply to the Bank in the same manner in which such section applies to the International Bank for Reconstruction and Development and the International Monetary Fund.

(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 704], Sept. 30, 1996, 110 Stat. 3009–121, 3009–179.)

CITE AS: 22 USC 290o-2

§ 290o–3. Federal Reserve Banks as depositories

Any Federal Reserve Bank which is requested to do so by the Bank may act as its depository, or as its fiscal agent, and the Board of Governors of the Federal Reserve System shall exercise general supervision over the carrying out of these functions.

(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 705], Sept. 30, 1996, 110 Stat. 3009–121, 3009–179.)

CITE AS: 22 USC 290o-3

§ 290o–4. Subscription of stock
(a) Subscription authority
(1) In general
(2) Effectiveness of subscription commitment
(b) Limitations on authorization of appropriations
(c) Limitations on obligation of appropriated amounts for shares of capital stock
(1) Paid-in capital stock
(A) In general
(B) Fiscal year 1997
(2) Callable capital stock
(d) Disposition of net income distributions by Bank
(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 706], Sept. 30, 1996, 110 Stat. 3009–121, 3009–179.)

CITE AS: 22 USC 290o-4

§ 290o–5. Jurisdiction and venue of civil actions by or against Bank
(a) Jurisdiction
(b) Venue
(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 707], Sept. 30, 1996, 110 Stat. 3009–121, 3009–180.)

CITE AS: 22 USC 290o-5

§ 290o–6. Effectiveness of Agreement

The Agreement shall have full force and effect in the United States, its territories and possessions, and the Commonwealth of Puerto Rico, upon acceptance of membership by the United States in the Bank and the entry into force of the Agreement.

(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 708], Sept. 30, 1996, 110 Stat. 3009–121, 3009–180.)

CITE AS: 22 USC 290o-6

§ 290o–7. Exemption from securities laws for certain securities issued by Bank; reports required
(a) Exemption from securities laws; reports to Securities and Exchange Commission
(b) Authority of Securities and Exchange Commission to suspend exemption; reports to Congress
(Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 709], Sept. 30, 1996, 110 Stat. 3009–121, 3009–180.)

CITE AS: 22 USC 290o-7