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The Charter of the Export-Import Bank of the United States

as amended through P.L. 109-438, December 20, 2006,
cited as the Export Import Bank Act of 1945, as amended.
Certain provisions codified at 12 United States Code section 635 et seq.
Appendix contains other relevant provision of Title 12 of the United States Code.
Updated December 27, 2006.

PDF of Entire Document (235 KB)

Table of Contents

Note: the Table of Contents does not appear in the United States Code.  It was created by staff of the
Export-Import Bank of the United States as an aid to the reader

Charter Section                              Description

Section 2a
2(a)(1) .............................................. Powers and Functions
2(a)(2) .............................................. Medium-Term Financing
2(a)(3) .............................................. Enhancement Of Medium-Term Program

Section 2b
2(b)(1)(A) ........................................ Objectives
2(b)(1)(B) ........................................ Private Capital, Reasonable Assurance of Repayment, Chafee Amendment
2(b)(1)(c) ........................................ Renewable Energy
2(b)(1)(D) ........................................Services
2(b)(1)(E) .........................................Small Business
2(b)(1)(F) ........................................ Foreign Credit Insurance Association
2(b)(1)(G) ........................................ Non-U.S. Persons
2(b)(1)(H) ........................................ High Technology Exports to Transitional Market Economies
2(b)(1)(I) .......................................... Small Business and Rural Outreach
2(b)(1)(J)...........................................Electronic Tracking of Pending Transactions
2(b)(1)(K)...........................................Promotion of Renewable Energy Exports
2(b)(1)(L)...........................................Denial of Support for Violations of US Law
2(b)(2) .............................................. Marxist-Leninist Countries
2(b)(3) .............................................. Notification to Congress
2(b)(4) .............................................. Nuclear Safeguards
2(b)(5) .............................................. Prohibition of Financing to Countries in Armed Conflict with U.S.
2(b)(6)(A) ..........................................Prohibition on Financing Defense Articles and Services
2(b)(6)(B-G) .....................................Anti-Narcotics Exception to Defense Articles and Services Prohibition
2(b)(6)(H) ........................................ Report to Congress on Munitions List and Arms Export Control Act Items
2(b)(6)(I) ......................................... Dual Use Exception to Defense Articles and Services Prohibition
2(b)(7) .............................................. Limit on Bank Financing of Defense Articles and Services to Less Developed Countries
2(b)(8) .............................................. Agricultural Commodities
2(b)(9) .............................................. Sub-Saharan Africa
2(b)(10) ............................................ Prohibition on Balance of Payments Financing
2(b)(11) ............................................ Prohibition Relating to Angola
2(b)(12) ............................................ Prohibition Relating to Russian Transfers of Certain Missiles to the People’s Republic of China
2(b)(13) ............................................Prohibition on Assistance To Develop or Promote Certain Railway Connections and Railway-Related Connections

Section 2c
2(c)(1) .............................................. Fees Commensurate with Risks
2(c)(2) .............................................. Employment of Agents
2(c)(3) .............................................. Transferability of Guarantees

Section 2d
2(d) ..................................................  Insurance Opportunities

Section 2e
2(e) ..................................................  Limitation on Assistance Which Adversely Affects the United States

Section 2f-2h
2(f)....................................................  Authority to Deny Transactions for Violations of US Laws
2(g).................................................... Process for Notifying Applicants of Application Status
2(h).................................................... Response to Application for Financing; Implementation of Online Loan Request and Tracking Process

Section 3
3(a) ................................................... Independent Agency
3(b) ................................................... President and First Vice President
3(c) ................................................... Board of Directors
3(d) ................................................... Advisory Committee
3(e)(1) .............................................. Conflict of Interest
3(e)(2) .............................................. Assistant General Counsel for Administration
3(f) ................................................... Small Business Division
3(g) ..................................................  Small Business Specialists
3(h) ..................................................  Small Business Committee
3(i) ...................................................  Office of Financing for Socially and Economically Disadvantaged Small Business Concerns and Small Business                                                              Concerns Owned by Women

Section 4
4 .......................................................  Capitalization of Bank

Section 5
5 .......................................................  Authority to Issue Obligations

Section 6
6(a) ................................................... Aggregate Loan Guarantee, and Insurance Authority – Limitation on Outstanding Amounts
6(b) ................................................... Aggregate Loan Guarantee, and Insurance Authority – Presidential Request for Additional Authority

Section 7
7 .......................................................  Termination Date of Bank

Section 8
8 .......................................................  Annual Report to Congress
8A ..................................................... Annual Competitiveness Report

Section 9
9 .......................................................  Foreign Governments in Default

Section 10
10 ...................................................... Tied Aid Credit Program and Fund

Section 11
11 ...................................................... Environmental Policy and Procedures

Section 12
12 ...................................................... Debt Reduction – Enterprise for the Americas Initiative

Section 13
13 ...................................................... Cooperation on Export Financing  Programs

Section 14
14 ...................................................... Special Debt Relief for the Poorest, Most  Heavily Indebted Countries

Section 15
15....................................................... Market Windows

Appendix

12 U.S.C., Chapter 6A, Subchapter I, General Provisions

635a-1 .............................................. Export Credit Competition
635a-2 .............................................. Regulations Regarding Adverse Effect of Loans and Guarantees on U.S. Industry
635a-3 .............................................. Export-Import Bank Financing to Match Foreign Financing
635a-4 .............................................. Guarantees for Export Accounts Receivable and Inventory

12 U.S.C., Chapter 6A, Subchapter II, Export Financing

635j .................................................. Export Financing Program to Foster Foreign Trade and Commercial Interest of the United States
635k .................................................. Apportionment of Losses Incurred on Loans, Guarantees, and Insurance Extended Under this Subchapter
635l .................................................. Authorization for Appropriation of Funds for Losses Under this Subchapter
635m ................................................ Powers of the Bank
635n ................................................. Sales of Defense Articles under this Subchapter

12 U.S.C., Chapter 6A, Subchapter I, Subchapter III, Tied Aid Credit Export Subsidies

635o .................................................. Congressional Statement of Purpose
635p .................................................. Presidential Mandate to Negotiate
635q .................................................. Establishment of Tied Aid Credit Program in Export-Import Bank
635r .................................................. Establishment of Tied Aid Credit Program administered by the Trade and Development Agency
635s .................................................. Implementation
635t .................................................. Definitions