---
kind: "section"
citation: "22 U.S.C. § 286ss"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "286ss"
heading: "Acceptance of amendment to Articles of Agreement of Fund approved on October 22, 1997"
release: "119-102"
url: "https://uscodex.org/usc/22/286ss"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XV — International Monetary Fund and Bank for Reconstruction and Development"
---

# §286ss. Acceptance of amendment to Articles of Agreement of Fund approved on October 22, 1997


The [United States](/usc/22/1395.md?p=a-1) Governor of the [Fund](/usc/22/2431a.md?p=9) may agree to and accept the amendment to the Articles of [Agreement](/usc/22/2431a.md?p=7) of the [Fund](/usc/22/2431a.md?p=9) as proposed in the resolution numbered 52–4 of the [Board](/usc/22/2431a.md?p=4) of Governors of the [Fund](/usc/22/2431a.md?p=9) which was approved by such [Board](/usc/22/2431a.md?p=4) on October 22, 1997: Provided, That not more than one year after the acceptance of such amendments to the [Fund](/usc/22/2431a.md?p=9)’s Articles of [Agreement](/usc/22/2431a.md?p=7), the [Secretary](/usc/22/277d–43.md?p=5) of the Treasury shall submit a report to the [appropriate congressional committees](/usc/22/2152j–4.md?p=1) analyzing Special Drawing Rights, to include a discussion of how those countries that significantly use or acquire Special Drawing Rights in accordance with Article XIX, Section 2(c), use or acquire them; the extent to which countries experiencing balance of payment difficulties exchange or use their Special Drawing Rights to acquire reserve currencies; and the manner in which those reserve currencies are acquired when utilizing Special Drawing Rights.


## Source credit

(July 31, 1945, ch. 339, § 67, as added Pub. L. 111–32, title XIV, § 1402, June 24, 2009, 123 Stat. 1918; amended Pub. L. 111–117, div. F, title VII, § 7034(q)(1)(A), Dec. 16, 2009, 123 Stat. 3363.)

## Notes

### Editorial Notes

### Amendments

2009—Pub. L. 111–117 substituted “resolution numbered 52–4” for “resolution numbered 54–4”.

### Statutory Notes and Related Subsidiaries

### Effective Date of 2009 Amendment

Pub. L. 111–117, div. F, title VII, § 7034(q)(1)(B), Dec. 16, 2009, 123 Stat. 3363, provided that: “The amendment made by subparagraph (A) [amending this section] shall take effect as if included in the enactment of section 1402 of Public Law 111–32.”