The agreement, and particularly articles 49 through 56, shall have full force and effect in the United States, its territories and possessions, and the Commonwealth of Puerto Rico, upon acceptance of membership by the United States in, and the establishment of, the Bank. The President, at the time of deposit of the instrument of acceptance of membership by the United States in the Bank, shall also deposit a declaration that the United States retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to its citizens or nationals.
(Pub. L. 89–369, §9, Mar. 16, 1966, 80 Stat. 72.)
Sections: Previous 285 285a 285b 285c 285d 285e 285f 285g 285h 285i 285j 285k 285l 285m 285n Next
Last modified: October 26, 2015