Statutes, codes, and regulations
United States Code
Title 22 - FOREIGN RELATIONS AND INTERCOURSEChapter 32 - FOREIGN ASSISTANCE
Subchapter IV - DEBT REDUCTION FOR DEVELOPING COUNTRIES WITH TROPICAL FORESTS
Section 2431h - Conservation Fund

22 U.S.C. § 2431h

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Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 2431h - Conservation Fund
(a) Establishment

Each beneficiary country that enters into a Conservation Agreement under section 2431g of this title shall be required to establish a Conservation Fund to receive payments of interest and principal on new obligations undertaken by the beneficiary country under this subchapter.

(b) Requirements relating to operation of Fund

The following terms and conditions shall apply to the Fund in the same manner as such terms as1 conditions apply to an Enterprise for the Americas Fund under section 2430f of this title:

(1) The provision relating to deposits under subsection (b) of such section.
(2) The provision relating to investments under subsection (c) of such section.
(3) The provision relating to disbursements under subsection (d) of such section.

1So in original. Probably should be "and".

22 U.S.C. § 2431h

Pub. L. 87-195 pt. V, §810, as added Pub. L. 105-214, §1, July 29, 1998, 112 Stat. 892; amended Pub. L. 108-323, §3(c), Oct. 6, 2004, 118 Stat. 1219; Pub. L. 115-440, §9(a), Jan. 14, 2019, 132 Stat. 5584.

EDITORIAL NOTES

AMENDMENTS2019- Pub. L. 115-440, §9(a)(1), substituted "Conservation Fund" for "Tropical Forest Fund" in section catchline.Subsec. (a). Pub. L. 115-440, §9(a)(2), substituted "Conservation Agreement" for "Tropical Forest Agreement" and "Conservation Fund" for "Tropical Forest Fund". 2004-Subsec. (a). Pub. L. 108-323 inserted "and principal" after "interest".