Us Code § 5462 - SEED Information Center System
Full text of Us Code United States Code § 5462 — SEED Information Center System, with citation guidance and answers to common questions.
§ 5462. SEED Information Center System
(a) Establishment
The President shall establish a SEED Information Center System, using existing Executive branch agencies and acting in cooperation with the Government of Poland and the Government of Hungary.
(b) Functions
(1) In general
The SEED Information Center System shall serve as a central clearinghouse mechanism for information relating to—
(A) business needs and opportunities in Eastern Europe, and
(B) voluntary assistance to countries in Eastern Europe.
(2) Private enterprise development
The SEED Information Center System shall be organized, among other purposes, to encourage—
(A) the submission of economically sound proposals to the Polish-American Enterprise Fund and Hungarian-American Enterprise Fund, and
(B) other sources of finance for the development of private enterprise in Eastern Europe.
(c) Location
The SEED Information Center System shall be based jointly in Washington, District of Columbia; Warsaw, Poland; and Budapest, Hungary; and should it become appropriate, the capitals of other East European countries.
(Pub. L. 101–179, title VI, §602, Nov. 28, 1989, 103 Stat. 1319.)
Executive Documents
Delegation of Functions
Functions of President under this section delegated to Secretary of Commerce by section 3 of Ex. Ord. No. 12703, Feb. 20, 1990, 55 F.R. 6351, set out as a note under section 5401 of this title.
About This Section
22 U.S.C. § 5462 is part of Title 22 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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