22-U.S.C.-282I
§282I – Increase In Capital Stock of Corporation; Subscription to Additional Shares
Pathway
Title 22 > Chapter 7 > Subchapter XI > Section 282i
Details
- Reference: Section 282i
- Legend: §282I – Increase In Capital Stock of Corporation; Subscription to Additional Shares
- USCode Year: 2013
Provision Content
(a) The United States Governor of the Corporation is authorized—
(1) to vote for an increase of five hundred and forty thousand shares in the authorized capital stock of the Corporation; and
(2) if such increase becomes effective, to subscribe on behalf of the United States to one hundred and eleven thousand four hundred and ninety-three additional shares of the capital stock of the Corporation: Provided, however, That any commitment to make payment for such additional subscriptions shall be made subject to obtaining the necessary appropriations.
(b) In order to pay for the increase in the United States subscription to the Corporation provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $111,493,000 for payment by the Secretary of the Treasury.
(Aug. 11, 1955, ch. 788, §11, as added Pub. L. 95–118, title III, §301, Oct. 3, 1977, 91 Stat. 1068.)
Effective Date
Pub. L. 95–118, title X, §1001, Oct. 3, 1977, 91 Stat. 1072, provided that: This Act [enacting this section and sections 262c, 262d, 262e to 262g, 284n, 285s, 285t, 286e–1f, and 290g–10 of this title, repealing sections 283y, 284m, 290g–9 of this title, and enacting provisions set out as a note under section 262c of this title] shall take effect on the date of its enactment [Oct. 3, 1977], except that no funds authorized to be appropriated by any amendment contained in title II, III, IV, V, or VI [enacting this section and sections 286e–1f, 284n, 285s, 285t, or 290g–10 of this title] may be available for use or obligation prior to October 1, 1977.
U.S. Encyclopedia of Law Coverage
22-U.S.C.-280H in the Legal Encyclopedia: Foreign Relations
In this entry about 22-U.S.C.-280H, find legal reference material, bibliographies and premiere content related to foreign relations in the American Encyclopedia of Law, presenting a comprehensive view of the United States foreign relations-specific issues, written by authorities in the field.
22-U.S.C.-5323 in the Legal Encyclopedia: International Finance
In this entry about 22-U.S.C.-5323, find legal reference material, bibliographies and premiere content related to international finance in the American Encyclopedia of Law, presenting a comprehensive view of the United States international finance-specific issues, written by authorities in the field.
Leave a Reply