U.S Code last checked for updates: Nov 22, 2024
All TitlesTitle 22Chapter 7Subchapter XIV
§ 285u.
Additional contribution to special funds
(a)
United States share
(b)
Authorization of appropriations; maximum available for certain years
(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 Asian Development Fund authorized by this section by letter of credit in four annual installments; and
(2)
shall take the steps necessary to obtain a certification from the Bank that any undisbursed balances resulting from drawdowns 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. 89–369, § 24, as added Pub. L. 96–259, title II, § 201, June 3, 1980, 94 Stat. 430; amended Pub. L. 97–35, title XIII, § 1352(b), Aug. 13, 1981, 95 Stat. 744.)
cite as: 22 USC 285u
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