22 U.S.C. § 3304
During the three-year period beginning on April 10, 1979, the $1,000 per capita income restriction in clause (2) of the second undesignated paragraph of section 21911 of this title shall not restrict the activities of the Overseas Private Investment Corporation in determining whether to provide any insurance, reinsurance, loans, or guaranties with respect to investment projects on Taiwan.
Except as provided in subsection (a) of this section, in issuing insurance, reinsurance, loans, or guaranties with respect to investment projects on Taiwan, the Overseas Private Insurance2 Corporation shall apply the same criteria as those applicable in other parts of the world.
1See References in Text note below.
2So in original. Probably should be "Investment".
22 U.S.C. § 3304
EDITORIAL NOTES
REFERENCES IN TEXTSection 2191 of this title, referred to in subsec. (a), was repealed by Pub. L. 115-254, div. F, title VI, §1464(2), Oct. 5, 2018, 132 Stat. 3513.
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATESection effective as of January 1, 1979, see section 18 of Pub. L. 96-8 set out as a note under section 3301 of this title.
TRANSFER OF FUNCTIONSFor transfer of functions, personnel, assets, and liabilities of the Overseas Private Investment Corporation to the United States International Development Finance Corporation and treatment of related references, see sections 9683 and 9686(d) of this title.
- Taiwan
- the term "Taiwan" includes, as the context may require, the islands of Taiwan and the Pescadores, the people on those islands, corporations and other entities and associations created or organized under the laws applied on those islands, and the governing authorities on Taiwan recognized by the United States as the Republic of China prior to January 1, 1979, and any successor governing authorities (including political subdivisions, agencies, and instrumentalities thereof).