§ 283ii. — Securities issued by the Corporation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC283ii]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XII-A--INTER-AMERICAN INVESTMENT CORPORATION
Sec. 283ii. Securities issued by the Corporation
(a) Exempted securities
Any securities issued by the Corporation (including any guarantee by
the Corporation, whether or not limited in scope) in connection with the
raising of funds for inclusion in the Corporation's resources as defined
in article II, section 2 of the agreement, and any securities guaranteed
by the Corporation as to both principal and interest to which the
commitment in article II, section 2(e) of the agreement is expressly
applicable, shall be deemed to be exempted securities within the meaning
of section 77c(a)(2) of title 15 and section 78c(a)(12) of title 15. The
Corporation shall file with the Securities and Exchange Commission such
annual and other reports with regard to such securities as the
Commission shall determine to be appropriate in view of the special
character of the Corporation and its operations as necessary in the
public interest or for the protection of investors.
(b) Suspension by Securities and Exchange Commission
The Securities and Exchange Commission, acting in consultation with
such agency or officer as the President shall designate, is authorized
to suspend the provisions of subsection (a) of this section at any time
as to any or all securities issued or guaranteed by the Corporation
during the period of such suspension. The Commission shall include in
its annual reports to Congress such information as it shall deem
advisable with regard to the operations and effect of this section and
in connection therewith shall include any views submitted for such
purpose by any association of dealers registered with the Commission.
(Pub. L. 98-473, title I, Sec. 101(1) [title I], Oct. 12, 1984, 98 Stat.
1884, 1885.)
Codification
Section is based on section 210 of title II of S. 2416, Ninety-
eighth Congress, as introduced Mar. 13, 1984, and enacted into law by
Pub. L. 98-473.
Delegation of Functions
Section 2 of Ex. Ord. No. 12567, Oct. 2, 1986, 51 F.R. 35495,
provided that: ``The functions vested in the President by Section 210 of
the Inter-American Investment Corporation Act [this section] are hereby
delegated to the Secretary of the Treasury.''
