FEDERAL · 22 U.S.C. · Chapter SUBCHAPTER XII—INTER-AMERICAN DEVELOPMENT BANK

Increase in authorized capital stock; United States share; authorization of appropriations

22 U.S.C. § 283n
Title22Foreign Relations and Intercourse
ChapterSUBCHAPTER XII—INTER-AMERICAN DEVELOPMENT BANK

This text of 22 U.S.C. § 283n (Increase in authorized capital stock; United States share; authorization of appropriations) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
22 U.S.C. § 283n.

Text

(a)The United States Governor of the Bank is hereby authorized (1) to vote for an increase in the authorized capital stock of the Bank under article II, section 2, of the agreement as recommended by the Board of Executive Directors in its report of April 1967, to the Board of Governors of the Bank; and (2) to agree on behalf of the United States to subscribe to its proportionate share of the $1,000,000,000 increase in the authorized callable capital stock of the bank.
(b)There is hereby authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury of the increased United States subscription to the capital stock of the Inter-American Development Bank, $411,760,000.

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Related

§ 2
22 U.S.C. § 2

Source Credit

History

(Pub. L. 86–147, §17, as added Pub. L. 90–325, June 4, 1968, 82 Stat. 168.)

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22 U.S.C. § 283n, Counsel Stack Legal Research, https://law.counselstack.com/usc/22/283n.