22-U.S.C.-286E-1K

§286E-1K – §286E-1K. Capital Stock Increase

Pathway

Title 22 > Chapter 7 > Subchapter XV > Section 286e-1k

Details

• Reference: Section 286e-1k
• Legend: §286E-1K – §286E-1K. Capital Stock Increase
• USCode Year: 2013

Provision Content

(a) Increase authorized

The United States Governor of the Bank is authorized—

(1) to vote for an increase of 620,000 shares in the authorized capital stock of the Bank; and

(2) to subscribe on behalf of the United States to 116,262 additional shares of the capital stock of the Bank, except that any subscription to such additional shares shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

(b) Authorization of appropriations

In order to pay for the increase in the United States subscription to the Bank provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $14,025,266,370, for payment by the Secretary of the Treasury.

(July 31, 1945, ch. 339, §53, as added Pub. L. 100–461, title V, §555, Oct. 1, 1988, 102 Stat. 2268–36.)

Codification

Section 53 of act July 31, 1945, is based on section 1 of H.R. 4645, One Hundredth Congress, as reported Sept. 28, 1988, and enacted into law by Pub. L. 100–461.

U.S. Encyclopedia of Law Coverage

22-U.S.C.-286CC in the Legal Encyclopedia: Foreign Relations

In this entry about 22-U.S.C.-286CC, 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.

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