22 USC 290i-8: Force and effect of agreement
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22 USC 290i-8: Force and effect of agreement Text contains those laws in effect on April 23, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 7-INTERNATIONAL BUREAUS, CONGRESSES, ETC.SUBCHAPTER XXIV-AFRICAN DEVELOPMENT BANK

§290i–8. Force and effect of agreement

Paragraph 5 of article 49, articles 50 through 59, and the other provisions of the agreement 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 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 as provided in article 64, paragraph 3, of the agreement that the United States retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to United States citizens or nationals.

( Pub. L. 97–35, title XIII, §1340, Aug. 13, 1981, 95 Stat. 743 .)


Editorial Notes

References in Text

The agreement, referred to in text, is the agreement establishing the African Development Bank. See section 290i of this title.