22-U.S.C.-282J
§282J – Increase In Capital Stock of Corporation; Subscription to Additional Shares
Pathway
Title 22 > Chapter 7 > Subchapter XI > Section 282j
Details
- Reference: Section 282j
- Legend: §282J – 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 650,000 shares in the authorized capital stock of the Corporation; and
(2) to subscribe on behalf of the United States to 175,162 additional shares of the capital stock of the Corporation, except that any subscription to additional shares shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.
(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, §175,162,000 for payment by the Secretary of the Treasury.
(Aug. 11, 1955, ch. 788, §12, as added Pub. L. 99–190, §101(i) [title I, (a)], Dec. 19, 1985, 99 Stat. 1291, 1294.)
Codification
Section 12 of act Aug. 11, 1955, is based on section 3 of H.R. 1948, Ninety-ninth Congress, as introduced Apr. 3, 1985, and enacted into law by Pub. L. 99–190.
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.-282J in the Legal Encyclopedia: International Finance
In this entry about 22-U.S.C.-282J, 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.
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