Page:United States Statutes at Large Volume 97.djvu/1293

 PUBLIC LAW 98-181—NOV. 30, 1983 97 STAT. 1261 (1) by redesignating paragraph (8) as paragraph (9); (2) by redesignating paragraph (7), the second time it appears therein, as paragraph (8); and (3) by adding at the end thereof the following: "(lOXA) The Bank shall not, without a specific authorization by law, guarantee, insure, or extend credit (or participate in the exten- sion of credit) to— "(i) assist specific countries with balance of payments financing; or "(ii) assist (as the primary purpose of any such guarantee, insurance, or credit) any country in the management of its international indebtedness, other than its outstanding obli- gations to the Bank. "(B) Nothing contained in subparagraph (A) shall preclude guarantees, insurance, or credit the primary purpose of which is to support United States exports.". TECHNICAL AMENDMENTS SEC. 620. (a) Section 2(b)(4) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)(4)) is amended by striking out "he" wherever it appears and inserting in lieu thereof "the Secretary". (b) Section 3(e) of the Export-Import Bank Act of 1945 (12 U.S.U. 635a(e)) is amended— (1) by striking out "his" and inserting in lieu thereof "such individual's"; and (2) by striking out "he" and inserting in lieu thereof "such individual". (c) Section 4 of the Export-Import Bank Act of 1945 (12 U.S.C. 635b) is amended by striking out "he" and inserting in lieu thereof "the President". (d) Section 7(b) of the Export-Import Bank Act of 1945 (12 U.S.C. 635e(b)) is amended by striking out "he" wherever it appears and inserting in lieu thereof "the President". CAPITAL LEVEL OF THE BANK SEC. 621. The Export-Import Bank Act of 1945 (12 U.S.C. 635 et seq.) is amended by adding at the end thereof the following: CAPITAL LEVEL OF THE BANK "SEC. 14. After fiscal year 1983, if at the end of any fiscal quarter the value of the total capital stock and retained earnings of the Bank falls below 50 per centum of the value of the total capital stock and retained earnings of the Bank at the end of fiscal year 1983, the Board of Directors shall notify the Congress of the decrease in the level of the capital stock of the Bank not later than thirty days after the end of the fiscal quarter involved and the Congress shall take appropriate action.". Notification of Congress. 12 USC 635i-2. MEDIUM-TERM FINANCING SEC. 622. Section 2(a) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(a)) is amended by adding at the end thereof the following:

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