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22 U.S.C. § 262p–14

Support to enhance the capacity of fund members to evaluate the legal and financial terms of sovereign debt contracts

United States · Title 22 — FOREIGN RELATIONS AND INTERCOURSE · Status: effective

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22 U.S.C. § 262p–14, Support to enhance the capacity of fund members to evaluate the legal and financial terms of sovereign debt contracts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/455091
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The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice and vote of the United States to advocate that the Fund promote international standards and best practices with respect to sovereign debt contracts and provide technical assistance to Fund members, and in particular to lower middle-income countries and countries eligible to receive assistance from the International Development Association, seeking to enhance their capacity to evaluate the legal and financial terms of sovereign debt contracts with multilateral, bilateral, and private sector creditors.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 95-118(H.R. 5262)1977-10-03
    An Act to provide for increased participation by the United States in the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Asian Development Bank, and the Asian Development Fund, and for other purposes.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 117-81(S. 1605)2021-12-27
    National Defense Authorization Act for Fiscal Year 2022
    House: 363–70Senate: no recorded tally