
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC283ii]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
         SUBCHAPTER XII-A--INTER-AMERICAN INVESTMENT CORPORATION
 
Sec. 283ii. Securities issued by the Corporation


(a) Exempted securities

    Any securities issued by the Corporation (including any guarantee by 
the Corporation, whether or not limited in scope) in connection with the 
raising of funds for inclusion in the Corporation's resources as defined 
in article II, section 2 of the agreement, and any securities guaranteed 
by the Corporation as to both principal and interest to which the 
commitment in article II, section 2(e) of the agreement is expressly 
applicable, shall be deemed to be exempted securities within the meaning 
of section 77c(a)(2) of title 15 and section 78c(a)(12) of title 15. The 
Corporation shall file with the Securities and Exchange Commission such 
annual and other reports with regard to such securities as the 
Commission shall determine to be appropriate in view of the special 
character of the Corporation and its operations as necessary in the 
public interest or for the protection of investors.

(b) Suspension by Securities and Exchange Commission

    The Securities and Exchange Commission, acting in consultation with 
such agency or officer as the President shall designate, is authorized 
to suspend the provisions of subsection (a) of this section at any time 
as to any or all securities issued or guaranteed by the Corporation 
during the period of such suspension. The Commission shall include in 
its annual reports to Congress such information as it shall deem 
advisable with regard to the operations and effect of this section and 
in connection therewith shall include any views submitted for such 
purpose by any association of dealers registered with the Commission.

(Pub. L. 98-473, title I, Sec. 101(1) [title I], Oct. 12, 1984, 98 Stat. 
1884, 1885.)

                          Codification

    Section is based on section 210 of title II of S. 2416, Ninety-
eighth Congress, as introduced Mar. 13, 1984, and enacted into law by 
Pub. L. 98-473.

                         Delegation of Functions

    Section 2 of Ex. Ord. No. 12567, Oct. 2, 1986, 51 F.R. 35495, 
provided that: ``The functions vested in the President by Section 210 of 
the Inter-American Investment Corporation Act [this section] are hereby 
delegated to the Secretary of the Treasury.''
