22 U.S.C. § 290m–5
Grants out of paid-in capital resources
United States · Title 22 — FOREIGN RELATIONS AND INTERCOURSE · Status: effective
Cite this
- Citation
- 22 U.S.C. § 290m–5, Grants out of paid-in capital resources, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/455644
- Permanent ID
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Full text
The President shall instruct the United States Federal Government representatives on the Board of Directors of the North American Development Bank to oppose any proposal where grants out of the Bank’s paid-in capital resources, except for grants from paid-in capital authorized for the community adjustment and investment program under the Bank’s charter of 1993, would—
The requirements of subsection (a) shall not apply in cases where—
Not more than an aggregate of $5,000,000 in grants may be made under this subsection.
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.
- North American Free Trade Agreement Implementation Act
- To authorize the President of the United States to agree to certain amendments to the Agreement between the Government of the United States of America and the Government of the United Mexican States concerning the establishment of a Border Environment Cooperation Commission and a North American Development Bank, and for other purposes.House: no recorded tallySenate: no recorded tally
- United States-Mexico-Canada Agreement Implementation Act
- Consolidated Appropriations Act, 2021House: no recorded tallySenate: no recorded tally