22-U.S.C.-290I-11

22-U.S.C.-290I-11

§290I-11 – §290I-11. Sixth Capital Increase

Pathway

Title 22 > Chapter 7 > Subchapter XXIV > Section 290i-11

Details

  • Reference: Section 290i-11
  • Legend: §290I-11 – §290I-11. Sixth Capital Increase
  • USCode Year: 2013

Provision Content

(a) Subscription authorized

(1) The United States Governor of the Bank may subscribe on behalf of the United States to 289,391 additional shares of the capital stock of the Bank.

(2) Any subscription by the United States to the capital stock of the Bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations Acts.

(b) Limitations on authorization of appropriations

(1) In order to pay for the increase in the United States subscription to the Bank under subsection (a), there are authorized to be appropriated, without fiscal year limitation, $4,322,228,221 for payment by the Secretary of the Treasury.

(2) Of the amount authorized to be appropriated under paragraph (1)—

(A) $259,341,759 shall be for paid in shares of the Bank; and

(B) $4,062,886,462 shall be for callable shares of the Bank.

(Pub. L. 97–35, title XIII, §1344, as added Pub. L. 112–74, div. I, title VII, §7081(d), Dec. 23, 2011, 125 Stat. 1260.)

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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