22 USC § 3304 - Overseas Private Investment Corporation

---
identifier: "/us/usc/t22/s3304"
source: "usc"
legal_status: "official_prima_facie"
title: "22 USC § 3304 - Overseas Private Investment Corporation"
title_number: 22
title_name: "FOREIGN RELATIONS AND INTERCOURSE"
section_number: "3304"
section_name: "Overseas Private Investment Corporation"
chapter_number: 48
chapter_name: "TAIWAN RELATIONS"
positive_law: false
currency: "119-84"
last_updated: "2026-03-26"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 96–8, § 5, Apr. 10, 1979, 93 Stat. 16.)"
---


# § 3304. Overseas Private Investment Corporation

**1** **Removal of per capita income restriction on Corporation activities with respect to investment projects on Taiwan** April 10, 1979[^1]

During the three-year period beginning on , the $1,000 per capita income restriction in clause (2) of the second undesignated paragraph of section 2191  of this title shall not restrict the activities of the Overseas Private Investment Corporation in determining whether to provide any insurance, reinsurance, loans, or guaranties with respect to investment projects on Taiwan.

See References in Text note below.

**2** **Application by Corporation of other criteria** [^2]

Except as provided in subsection (a) of this section, in issuing insurance, reinsurance, loans, or guaranties with respect to investment projects on Taiwan, the Overseas Private Insurance  Corporation shall apply the same criteria as those applicable in other parts of the world.

So in original. Probably should be “Investment”.

---

**Source Credit**: (Pub. L. 96–8, § 5, Apr. 10, 1979, 93 Stat. 16.)

## Editorial Notes

### References in Text

, referred to in subsec. (a), was repealed by , , .

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective as of , see , set out as a note under .

### Transfer of Functions

For transfer of functions, personnel, assets, and liabilities of the Overseas Private Investment Corporation to the United States International Development Finance Corporation and treatment of related references, see sections 9683 and 9686(d) of this title.