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Code · U.S. Code · Title 22 - FOREIGN RELATIONS AND INTERCOURSE · CHAPTER 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. · SUBCHAPTER XIV— ASIAN DEVELOPMENT BANK · § 285k

§ 285k. Utilization of United States Special Resources

141 words·~1 min read·/usc/title-22/section-285k

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)The letters of credit provided for in section 285l of this title shall be issued to the Bank only to the extent that at the time of issuance the cumulative amount of the United States Special Resources provided to the Bank
(A)constitute a minority of all special funds contributions to the Bank, and
(B)are no greater than the largest cumulative contribution of any other single country contributing to the special funds of the Bank.
(b)The United States Governor of the Bank shall give due regard to the principles of
(A)utilizing all special funds resources on an equitable basis, and
(B)significantly shared participation by other contributors in each special fund to which United States Special Resources are provided.
(Pub. L. 89–369, § 14, as added Pub. L. 92–245, § 1, Mar. 10, 1972, 86 Stat. 58.)
Connections1 cite this
Cited by 1 section
3 references not yet in our index
  • Pub. L. 89–369, § 14
  • Pub. L. 92–245, § 1
  • 86 Stat. 58
Citation graph
cites case law
§ 285k
Utilization of United States Special Resources
Stat. Comp.×1
Pub. L.Pub. L. 89–369, § 14
Pub. L.Pub. L. 92–245, § 1
Stat.86 Stat. 58
Cites 3Cited by 1 across 1 source
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