§ 261 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 28

Sec.

(c) Limitations on obligation of appropriated amounts for shares of capital stock.

(d) Disposition of net income distributions by Bank.

290o–5. Jurisdiction and venue of civil actions by or

against Bank.

(a) Jurisdiction.

(b) Venue.

290o–6. Effectiveness of Agreement.

290o–7. Exemption from securities laws for certain

securities issued by Bank; reports required.

(a) Exemption from securities laws; reports to Securities and Exchange

Commission.

(b) Authority of Securities and Exchange

Commission to suspend exemption;

reports to Congress.

§ 261. Policy as to settlement of disputes and disarmament

It is declared to be the policy of the United

States to adjust and settle its international disputes through mediation or arbitration, to the

end that war may be honorably avoided. It looks

with apprehension and disfavor upon a general

increase of armament throughout the world, but

it realizes that no single nation can disarm, and

that without a common agreement upon the

subject every considerable power must maintain

a relative standing in military strength.

(Aug. 29, 1916, ch. 417, 39 Stat. 618.)

SHORT TITLE OF 1977 AMENDMENT

Section 1 of Pub. L. 95–118, as added by Pub. L. 97–35,

title XIII, §1361(a), Aug. 13, 1981, 95 Stat. 745, provided

that: ‘‘This Act [enacting sections 262c, 262d, 262e to

262g–3, 282i, 284n, 285s, 285t, 286e–1f, and 290–10 of this

title, repealing sections 283y, 284m, and 290g–9 of this

title, and enacting provisions set out as notes under

262c and 282i of this title] may be cited as the ‘International Financial Institutions Act’.’’

§ 262. President’s participation in international

congresses restricted

The Executive shall not extend or accept any

invitation to participate in any international

congress, conference, or like event, without first

having specific authority of law to do so.

(Mar. 4, 1913, ch. 149, 37 Stat. 913.)

§ 262a. Contributions to international organizations; consent of State Department; reports

to Congress; limitations as to certain organizations

All financial contributions by the United

States to the normal operations of the international organizations covered by this Act,

which member states are obligated to support

annually, shall be limited to the amounts provided in this Act: Provided, That contributions

for special projects not regularly budgeted by

such international organizations shall not be

subject to the above limitation.

All financial contributions by the United

States to international organizations in which

the United States participates as a member

shall be made by or with the consent of the Department of State regardless of the appropriation from which any such contribution is made.

The Secretary of State shall report annually to

the Congress on the extent and disposition of

such contributions.

(Sept. 21, 1950, ch. 976, §2, 64 Stat. 903.)

REFERENCES IN TEXT

This Act, referred to in text, is act Sept. 21, 1950, ch.

976, 64 Stat. 903, which enacted section 262a of this title,

and amended sections 269b, 272a, 279a, 280b, 290b of this

title. For complete classification of this Act to the

Code, see Tables.

The international organizations covered by this Act,

referred to in text, are the Inter-American Children’s

Institute, the International Labor Organization, the

United Nations Food and Agriculture Organization, the

South Pacific Commission, and the World Health Organization.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 2226 of this title.

§ 262b. Commitments for United States contributions to international organizations; limitations; consultation with Congressional committees

No representative of the United States Government in any international organization hereafter shall make any commitment requiring the

appropriation of funds for a contribution by the

United States in excess of 331

⁄3 per centum of the

budget of any international organization for

which the appropriation for the United States

contribution is contained in this Act: Provided,

That in exceptional circumstances necessitating

a contribution by the United States in excess of

331

⁄3 per centum of the budget, a commitment requiring a United States appropriation of a larger

proportion may be made after consultation by

United States representatives in the organization or other appropriate officials of the Department of State with the Committees on Appropriations of the Senate and House of Representatives: Provided, however, That this section shall

not apply to the United States representatives

to the Inter-American organizations, Caribbean

Commission and the Joint Support program of

the International Civil Aviation Organization.

(Oct. 22, 1951, ch. 533, title VI, §602, 65 Stat. 599;

Aug. 5, 1953, ch. 328, title I, 67 Stat. 368.)

REFERENCES IN TEXT

This Act, referred to in text, is act Oct. 22, 1951, ch.

533, title VI, 65 Stat. 599, popularly known as the Departments of State, Justice, Commerce and Judiciary

Appropriation Act of 1952. For complete classification

of this Act to the Code, see Tables.

CODIFICATION

Section is comprised of first paragraph of section 602

of act Oct. 22, 1951. Second par. of such section 602 contained a fiscal year provision.

AMENDMENTS

1953—Act Aug. 5, 1953, inserted proviso that this section is not to apply to the United States representatives to the Caribbean Commission and the Joint Support program of the International Civil Aviation Organization.

SIMILAR PROVISIONS

Provisions similar to this section were contained in

act July 10, 1952, ch. 651, title I, 66 Stat. 550.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 16 sections 773j,

3641, 5709.