Conceptio › Archive › US Code (LII)
US Code (LII)public full text

22 U.S.C. § 283x — Subscription to additional shares; authorization of appropriations

United States Code · United States Code (via Cornell Legal Information Institute)
US Code (LII) · Legal · License: Public Domain
Open Source ↗
additionalauthorizationstatuteunited-statesus-law
united states, us law, united states code, usc, statute, us federal statute, 22, 283x, 22 usc 283x, 22 u.s.c. 283x, subscription, to, additional, shares, authorization, of, appropriations

(a) The United States Governor of the Bank is hereby authorized to vote for an additional increase of one hundred and eight thousand shares of $10,000 par value in the authorized callable capital stock of the Bank as recommended in the resolution of the Board of Governors entitled “Increase of US$4 Billion in the Authorized Capital Stock and Subscriptions Thereto.” Upon adoption of a Board of Governors resolution increasing the authorized capital stock of the Bank by such amount, the United States Governor is authorized to agree on behalf of the United States to subscribe to thirty-seven thousand three hundred and three shares of $10,000 par value of such additional increase in callable capital in accordance with and subject to the terms and conditions of such resolution. (b) In order to pay for the increase in the United States subscription to the Bank provided for in this section, there is hereby authorized to be appropriated, without fiscal year limitation, $450,002,218 for payment by the Secretary of the Treasury. ( Pub. L. 86–147, § 27 , as added Pub. L. 94–302, title I, § 101 , May 31, 1976 , 90 Stat. 591 .)

Related documents

Record · ID 580573 · SHA-256 9110d725db5d365f
Retrieved via Conceptio — every document is proof-bundled with source, license, and retrieval metadata.