§ 282k. — Securities issued by 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: 22USC282k]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XI--INTERNATIONAL FINANCE CORPORATION
Sec. 282k. Securities issued by Corporation
(a) Exemption from securities laws; reports to Securities and Exchange
Commission
Any securities issued by the Corporation (including any guaranty by
the Corporation, whether or not limited in scope) and any securities
guaranteed by the Corporation as to both principal and interest 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 and necessary in the public interest or for the
protection of investors.
(b) Authority of Securities and Exchange Commission to suspend
exemption; reports to Congress
The Securities and Exchange Commission, acting in consultation with
the National Advisory Council on International Monetary and Financial
Problems, 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 the Congress such
information as it shall deem advisable with regard to the operations and
effect of this section.
(Aug. 11, 1955, ch. 788, Sec. 13, as added Pub. L. 101-513, title V,
Sec. 562(e)(1)(A), Nov. 5, 1990, 104 Stat. 2037.)
