22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 282l

Capital stock increase

Ch. 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 7
Statutory Text

22 U.S.C. § 282l — Capital stock increase

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC. SUBCHAPTER XI - INTERNATIONAL FINANCE CORPORATION Sec. 282l - Capital stock increase From the U.S. Government Publishing Office, www.gpo.gov

§282l. Capital stock increase

(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), 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.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 22 U.S.C. § 282l is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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