Editorial Notes
Codification
act Aug. 5, 1947, ch. 49861 Stat. 780section 281 of this titleSections 281b–2 to 281j of this title contained provisions relating to the Institute of Inter-American Affairs. The Institute was created pursuant to , . Section 3 of such act, as amended, provided that the Institute was to have succession until . See Codification note set out under .
Aug. 26, 1954, ch. 93768 Stat. 862Pub. L. 85–141, § 11(b)(1)71 Stat. 36531 U.S.C. 9101Section 281b–2, acts , title V, § 544(a), ; , , , authorized the Institute of Inter-American Affairs to make contracts for periods not to exceed five years, with the proviso that any contract extending beyond , be made subject to termination by the Institute upon notice, and provided that the Institute, on and after , be subject to the applicable provisions of the Budget and Accounting Act, 1921, as amended, in lieu of the provisions of the Government Corporation Control Act, as amended [ et seq.].
act Aug. 5, 1947, ch. 498, § 461 Stat. 782Section 281c, , , provided for transfer of assets to United States Treasury upon termination of corporate life of Institute of Inter-American Affairs.
act Aug. 5, 1947, ch. 498, § 561 Stat. 782Section 281d, , , established a Board of Directors for Institute of Inter-American Affairs, and enumerated powers of Board.
act Aug. 5, 1947, ch. 498, § 661 Stat. 782Section 281e, , , provided that Institute of Inter-American Affairs be a nonprofit corporation, have no capital stock, and that no part of its revenue, earnings, or other income or property inure to benefit of its directors, officers, and employees.
act Aug. 5, 1947, ch. 498, § 761 Stat. 782Section 281f, , , authorized officers and employees of Institute of Inter-American Affairs to hold offices upon approval of Institute, with governments or governmental agencies of other American Republics.
act Aug. 5, 1947, ch. 498, § 861 Stat. 782Section 281g, , , authorized Secretary of State to detail employees of Department of State to Institute of Inter-American Affairs.
act Aug. 5, 1947, ch. 498, § 961 Stat. 783Section 281h, , , provided that principal office of Institute of Inter-American Affairs be located in District of Columbia, with branch offices any place in United States or other American Republics.
act Aug. 5, 1947, ch. 498, § 1061 Stat. 783Section 281i, , , exempted Institute of Inter-American Affairs from taxation by any Federal, State, or local taxing authority.
act Aug. 5, 1947, ch. 498, § 1161 Stat. 783lSection 281j, , , reserved right to alter, amend or repeal provisions of sections 281 to 281b and 281c to 281 of this title, and set forth savings clause for such provisions.