§ 290i-1. — Governor and Alternate Governor.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC290i-1]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XXIV--AFRICAN DEVELOPMENT BANK
Sec. 290i-1. Governor and Alternate Governor
(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.
(c) Voting
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.
(Pub. L. 97-35, title XIII, Sec. 1333, Aug. 13, 1981, 95 Stat. 741; Pub.
L. 101-513, title V, Sec. 562(b)(3), Nov. 5, 1990, 104 Stat. 2034.)
Amendments
1990--Subsec. (a). Pub. L. 101-513 substituted ``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.
