Overseas Private Investment Corporation Amendments Act of 1985

Law Corporate Finance & M&A Law

Date: 23rd Dec, 1985 Source: Congress.gov Country: USA Original Source

Brief

The Overseas Private Investment Corporation Amendments Act of 1985 is an act that amends the Foreign Assistance Act of 1961 regarding the activities of the Overseas Private Investment Corporation (OPIC). The law makes several changes, including updating income levels in less developed countries and adding provisions to protect health, safety, and the environment. It also establishes requirements for workers' rights, public hearings, and insurance for loss due to business interruption. Additionally, it extends the issuing authority of OPIC and makes technical amendments to existing laws related to OPIC activities.

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