22 USC § 290i–1 - Governor and Alternate Governor

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(a) Appointment; term; termination and reappointment

The President, by and with the advice and consent of the Senate, shall appoint a Governor, an Alternate Governor, and a Director of the Bank. The term of office for the Governor and the Alternate Governor shall be five years, subject at any time to termination of appointment or to reappointment. The Governor and Alternate Governor shall remain in office until a successor has been appointed.

(b) Compensation and expenses

No person shall be entitled to receive any salary or other compensation from the United States for services as a Governor or Alternate Governor, except for reasonable expenses to attend meetings of the Board of Governors.

The Governor, or in the Governor’s absence the Alternate Governor, on the instructions of the President, shall cast the votes of the United States for the Director to represent the United States in the Bank.

Source

(Pub. L. 97–35, title XIII, § 1333,Aug. 13, 1981, 95 Stat. 741; Pub. L. 101–513, title V, § 562(b)(3),Nov. 5, 1990, 104 Stat. 2034.)

Amendments

1990—Subsec. (a). Pub. L. 101–513substituted “Governor, an Alternate Governor, and a Director” for “Governor and an Alternate Governor”.

Delegation of Functions

Functions of President under subsec. (c) delegated to Secretary of the Treasury, see Ex. Ord. No. 12403, Feb. 8, 1983, 48 F.R. 6087.

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 Wednesday, December 26, 2012

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

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"omitted" means the section is omitted.
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"nt ed change" and "ed change" - See the Editorial Classification Change Table [pdf].

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22 USC	Description of Change	Session Year	Public Law	Statutes at Large
§ 290i-1		2012	112-166 [Sec.] 2(z)(1)	126 Stat. 1289

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22 USC § 290i–1 - Governor and Alternate Governor

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