22 USC 284c - Congressional Authorization Needed for Certain Actions

Unless Congress by law authorizes such action, neither the President nor any person or agency shall, on behalf of the United States, (a) subscribe to additional funds under article III, section 1, of the articles; (b) accept any amendment under article IX of the articles; or (c) make a loan or provide other financing to the Association.

(Pub. L. 86–565, §5, June 30, 1960, 74 Stat. 294.)

Sections:  Previous  283ff  283gg  283hh  283ii  284  284a  284b  284c  284d  284e  284f  284g  284h  284i  284j  Next

Last modified: October 26, 2015