
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC283]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
             SUBCHAPTER XII--INTER-AMERICAN DEVELOPMENT BANK
 
Sec. 283. Acceptance of membership by United States in Inter-
        American Development Bank
        
    The President is hereby authorized to accept membership for the 
United States in the Inter-American Development Bank (hereinafter 
referred to as the ``Bank''), provided for by the agreement establishing 
the bank (hereinafter referred to as the ``agreement'') deposited in the 
archives of the Organization of American States.

(Pub. L. 86-147, Sec. 2, Aug. 7, 1959, 73 Stat. 299.)


                               Short Title

    Section 1 of Pub. L. 86-147 provided that: ``This Act [enacting this 
subchapter and amending section 24 of Title 12, Banks and Banking] may 
be cited as the `Inter-American Development Bank Act'.''


 Proposals for Joint Act by Participants in Inter-American Development 
 Bank for Increased Exploration and Exploitation of Energy and Mineral 
                     Resources of Western Hemisphere

    Pub. L. 96-259, title I, Sec. 102, June 3, 1980, 94 Stat. 430, which 
required Presidential evaluation and report on a proposal for joint 
action by countries of Western Hemisphere and other countries which 
participate in Inter-American Development Bank to increase exploration 
for and exploitation of energy and mineral resources of Western 
Hemisphere through multilateral incentives, administered by Inter-
American Development Bank, was repealed by Pub. L. 101-240, title V, 
Sec. 541(d)(6), Dec. 19, 1989, 103 Stat. 2518.


                         Par Value Modification

    For Congressional direction that the Secretary of the Treasury 
maintain the value in terms of gold of the Inter-American Development 
Bank's holdings of United States dollars following the establishment of 
a par value of the dollar at $38 for a fine troy ounce of gold pursuant 
to the Par Value Modification Act and for the authorization of the 
appropriations necessary to provide such maintenance of value, see 
section 5152 of Title 31, Money and Finance.
