Source: http://www.law.cornell.edu/uscode/text/22/2431c
Timestamp: 2014-12-25 12:19:45
Document Index: 396413205

Matched Legal Cases: ['§ 2431', '§ 2431', '§ 2431', '§ 805', '§ 1', '§ 1', '§ 413']

22 U.S. Code § 2431c - Eligibility for benefits | LII / Legal Information Institute
U.S. Code › Title 22 › Chapter 32 › Subchapter IV › § 2431c 22 U.S. Code § 2431c - Eligibility for benefits
In general To be eligible for benefits from the Facility under this subchapter, a country shall be a developing country with a tropical forest—
whose government meets the requirements applicable to Latin American or Caribbean countries under paragraphs (1) through (5) and (7) of section 2430b
that has put in place investment reforms, as evidenced by the conclusion of a bilateral investment treaty with the United States, implementation of an investment sector loan with the Inter-American Development Bank, World Bank-supported investment reforms, or other measures, as appropriate.
In general Consistent with subsection (a) of this section, the President shall determine whether a country is eligible to receive benefits under this subchapter.
Congressional notification The President shall notify the appropriate congressional committees of his intention to designate a country as an eligible country at least 15 days in advance of any formal determination.
(Pub. L. 87–195, pt. V, § 805, as added Pub. L. 105–214, § 1,July 29, 1998, 112 Stat. 887; amended Pub. L. 107–26, § 1,Aug. 17, 2001, 115 Stat. 206.)
A prior section 805 ofPub. L. 87–195, pt. V, enacted a provision set out as a note under former section 2431 of this title prior to repeal by Pub. L. 94–329, title IV, § 413(a),June 30, 1976, 90 Stat. 761.
2001—Subsec. (a)(2). Pub. L. 107–26struck out “major” before “investment reforms,”.