REATY AMENDING AND RE-ENACTING THE CHARTER OF THE EAST AFRICAN DEVELOPMENT BANK — Rwanda law | Esheria

REATY AMENDING AND RE-ENACTING THE CHARTER OF THE EAST AFRICAN DEVELOPMENT BANK

The Parties adopt the annexed Charter amendments, and the amended Charter continues in force under this Treaty. The Bank’s objectives include financial assistance, consulting and related services, support for regional development, and cooperation with other institutions.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Rwanda
Instrument
Act or statute
Status
In force
Version
Undated source snapshot
Language
mul
Updated
Official source
View official record ↗
acceptance of provisions accounts and reports annual accounts annual report appointments arbitration asset distribution bank assets bank charter bank governance bank headquarters bank liquidation bank objectives bank operations board appointment board composition board convening board decision-making board decisions board meeting board oversight board powers board procedure borrowing +105 more

Statute overview

About this statute

The Parties adopt the annexed Charter amendments, and the amended Charter continues in force under this Treaty. The Bank’s objectives include financial assistance, consulting and related services, support for regional development, and cooperation with other institutions. The treaty and charter amendments take effect when the last signature is added; membership in the Bank can be gained through the stated admission and deposit steps. The Bank’s Secretary must register the treaty with the UN Secretary-General and send certified copies to the parties and member bodies; members may accept amendments by sending letters of acceptance. Securities issued or guaranteed by the Bank must carry a clear statement that they are not a government obligation, unless they are actually the obligation of a particular government. Each Bank member must subscribe to shares of the Bank’s capital stock.