Statute · United States Code

22 U.S.C. § 284c — Congressional authorization needed for certain actions

22 U.S.C. § 284c

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
litigation

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.

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.