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U.S. Code as of:
01/19/04
Section 262g-3. International negotiations on future replenishments of international financial institutions; consultation with appropriate Members of Congress
The Secretary of the Treasury or his designee shall consult with
the Chairman and the Ranking Minority Member of -
(1) the Committee on Banking, Finance and Urban Affairs of the
House of Representatives, the Committee on Appropriations of the
House of Representatives, and the appropriate subcommittee of
each such committee, and
(2) the Committee on Foreign Relations of the Senate, the
Committee on Appropriations of the Senate, and the appropriate
subcommittee of each such committee,
for the purpose of discussing the position of the executive branch
and the views of the Congress with respect to any international
negotiations being held to consider future replenishments or
capital expansions of any multilateral development bank which may
involve an increased contribution or subscription by the United
States. Such consultation shall be made (A) not later than 30 days
before the initiation of such international negotiations, (B)
during the period in which such negotiations are being held, in a
frequent and timely manner, and (C) before a session of such
negotiations is held at which the United States representatives may
agree to such a replenishment or capital expansion.
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