Sec. 3. **[**[22 U.S.C. 286o](/us/usc/t22/s286o)**]**
198 words·~1 min read·
/statute-compilations/comps-1359/sec-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 3 **[**[22 U.S.C. 286o](/us/usc/t22/s286o)**]** ###
(a)Special Drawing Rights allocated to the United States pursuant to article XVIII1 of the Articles of Agreement of the Fund, and Special Drawing Rights otherwise acquired by the United States, shall be credited to the account of, and administered as part of, the Exchange Stabilization Fund established by section 10 of the Gold Reserve Act of 1934, as amended (31 U.S.C. 822a). 1Upon entry into force on Apr. 1, 1978, of the amendments to the Articles of Agreement of the IMF, certain technical changes regarding references to articles in secs. 3, 6, and 7 became effective, as provided for by sec. 5 of Public Law 94–564. ###
(b)The proceeds resulting from the use of Special Drawing Rights by the United States, and payments of interest to the United States Articles of Agreement of the Fund, shall be deposited in the Exchange Stabilization Fund. Currency payments by the United States in return for Special Drawing Rights, and payments of charges or assessments pursuant to article XX, article XXIV, and article XXV1 of the Articles of Agreement of the Fund, shall be made from the resources of the Exchange Stabilization Fund.
Connectionstraces to 1
Traces to 1 document
2 references not yet in our index
- 31 USC 822a
- Pub. L. 94-564
Citation graph
cites case law
Cites 3Cited by 0 across 0 sources