[106th Congress Public Law 46]
[From the U.S. Government Printing Office]
<DOC>
[DOCID: f:publ046.106]
[[Page 113 STAT. 227]]
Public Law 106-46
106th Congress
An Act
To clarify <<NOTE: Aug. 11, 1999 - [H.R. 2565]>> the quorum requirement
for the Board of Directors of the Export-Import Bank of the United
States.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. CLARIFICATION OF QUORUM REQUIREMENT FOR THE EXPORT-IMPORT
BANK OF THE UNITED STATES.
(a) In General.--Section 3(c)(6) of the Export-Import Bank Act of
1945 (12 U.S.C. 635a(c)(6)) is amended to read as follows:
``(6) A quorum of the Board of Directors shall consist of at least
three members.''.
(b) Exception.--Notwithstanding <<NOTE: 12 USC 635a note.>> section
3(c)(6) of the Export-Import Bank Act of 1945, if, during the period
that begins on July 21, 1999, and ends on October 1, 1999, there are
fewer than three persons holding office on the Board of Directors of the
Export-Import Bank of the United States, the entire membership of such
Board of Directors shall constitute a quorum until the end of such
period.
Approved August 11, 1999.
LEGISLATIVE HISTORY--H.R. 2565:
---------------------------------------------------------------------------
CONGRESSIONAL RECORD, Vol. 145 (1999):
July 26, considered and passed House.
Aug. 5, considered and passed Senate.
<all>