22-U.S.C.-282L

§282L – §282L. Capital Stock Increase

Pathway

Title 22 > Chapter 7 > Subchapter XI > Section 282l

Details

• Reference: Section 282l
• Legend: §282L – §282L. Capital Stock Increase
• USCode Year: 2013

Provision Content

(a) Subscription authorized

(1) In general

The United States Governor of the Corporation may—

(A) vote for an increase of 1,000,000 shares in the authorized capital stock of the Corporation; and

(B) subscribe on behalf of the United States to 250,000 additional shares of the capital stock of the Corporation.

(2) Prior appropriation required

The subscription authority provided in paragraph (1) shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

(b) Limitations on authorization of appropriations

In order to pay for the subscription authorized in subsection (a) of this section, there are authorized to be appropriated, without fiscal year limitation, $50,000,000 for payment by the Secretary of the Treasury.

(Aug. 11, 1955, ch. 788, §14, as added Pub. L. 102–145, §125(a), Oct. 28, 1991, as added Pub. L. 102–266, §102, Apr. 1, 1992, 106 Stat. 97.)

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.

Topic Map

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