22 USC § 2431h - Tropical Forest Fund | Title 22 - Foreign Relations and Intercourse | U.S. Code

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Current through Pub. L. 113-99. (See Public Laws for the current Congress.)

(a) Establishment

Each beneficiary country that enters into a Tropical Forest Agreement under section 2431g of this title shall be required to establish a Tropical Forest Fund to receive payments of interest and principal on new obligations undertaken by the beneficiary country under this subchapter.

(b) Requirements relating to operation of Fund

The following terms and conditions shall apply to the Fund in the same manner as such terms as ^[1] conditions apply to an Enterprise for the Americas Fund under section 2430f of this title:

(1) The provision relating to deposits under subsection (b) of such section.

(2) The provision relating to investments under subsection (c) of such section.

(3) The provision relating to disbursements under subsection (d) of such section.

[1] So in original. Probably should be “and”.

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(a) Establishment

Each beneficiary country that enters into a Tropical Forest Agreement under section 2431g of this title shall be required to establish a Tropical Forest Fund to receive payments of interest and principal on new obligations undertaken by the beneficiary country under this subchapter.

(b) Requirements relating to operation of Fund

The following terms and conditions shall apply to the Fund in the same manner as such terms as ^[1] conditions apply to an Enterprise for the Americas Fund under section 2430f of this title:

(1) The provision relating to deposits under subsection (b) of such section.

(2) The provision relating to investments under subsection (c) of such section.

(3) The provision relating to disbursements under subsection (d) of such section.

[1] So in original. Probably should be “and”.

Source

(Pub. L. 87–195, pt. V, § 810, as added Pub. L. 105–214, § 1,July 29, 1998, 112 Stat. 892; amended Pub. L. 108–323, § 3(c),Oct. 6, 2004, 118 Stat. 1219.)

Amendments

2004—Subsec. (a). Pub. L. 108–323inserted “and principal” after “interest”.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Friday, May 3, 2013

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22 USC	Description of Change	Session Year	Public Law	Statutes at Large

22 USC § 2431h - Tropical Forest Fund

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