European Bank for Reconstruction and Development Act

Summary

European Bank for Reconstruction and Development Act - Authorizes the President to accept U.S. membership in the European Bank for Reconstruction and Development. Applies specified provisions of the Bretton Woods Agreements Act concerning the National Advisory Council on International Monetary and Financial Problems to the Bank. Authorizes the Secretary of the Treasury to subscribe to 100,000 shares of the Bank's capital stock. Authorizes appropriations. Grants U.S. courts original jurisdiction with respect to actions concerning the Bank brought within the United States. Provides that securities issued or guaranteed by the Bank shall be deemed to be exempted securities for purposes of the Securities Act of 1933 and the Securities Exchange Act of 1934. Requires the Bank to file reports with the Securities and Exchange Commission (SEC). Permits the SEC to suspend such exemptions at any time.

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2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

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• Introduced in Senate

  summary · EN · 19 June 1990

  Open at official source

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