22-U.S.C.-290I-10

22-U.S.C.-290I-10

§290I-10 – §290I-10. Authorization of United States Subscription to Stock; Authorization of Appropriations

Pathway

Title 22 > Chapter 7 > Subchapter XXIV > Section 290i-10

Details

  • Reference: Section 290i-10
  • Legend: §290I-10 – §290I-10. Authorization of United States Subscription to Stock; Authorization of Appropriations
  • USCode Year: 2013

Provision Content

(a) The United States Governor of the Bank is authorized to agree to subscribe on behalf of the United States to fifty-nine thousand, six hundred and thirty-two shares of the capital stock of the Bank, except that the subscription 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 United States subscription authorized in subsection (a) of this section, there are authorized to be appropriated, without fiscal year limitation, $719,370,633, for payment by the Secretary of the Treasury.

(Pub. L. 97–35, title XIII, §1343, as added Pub. L. 100–202, §101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131, 1329–134.)

Codification

Section 1343 of Pub. L. 97–35 is based on section 301 of title III of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L. 100–202.

Fifth General Capital Increase

Pub. L. 106–113, div. B, §1000(a)(2) [title V, §594], Nov. 29, 1999, 113 Stat. 1535, 1501A–122, provided in part that the Secretary of the Treasury may effect the United States participation in the fifth general capital increase of the African Development Bank, and authorized $40,847,011 to be appropriated without fiscal year limitation for payment by the Secretary for paid-in capital of the Bank and $639,932,485 to be appropriated without fiscal year limitation for payment by the Secretary for callable capital of the Bank.

U.S. Encyclopedia of Law Coverage

22-U.S.C.-290G-8 in the Legal Encyclopedia: Foreign Relations

In this entry about 22-U.S.C.-290G-8, 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.-290I-10 in the Legal Encyclopedia: Africa

In this entry about 22-U.S.C.-290I-10, find legal reference material, bibliographies and premiere content related to africa in the American Encyclopedia of Law, presenting a comprehensive view of the United States africa-specific issues, written by authorities in the field.

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