22 U.S.C. § 290i–11 — Sixth capital increase

FEDERAL · 22 U.S.C. · Chapter 7

Sixth capital increase

22 U.S.C. § 290i–11

Title22 — Foreign Relations and Intercourse

Chapter7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.

SubchapterXXIV

Current throughPub. L. 119-99

This text of 22 U.S.C. § 290i–11 (Sixth capital increase) 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. § 290i–11.

Text

(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,

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(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.

Source Credit

History

(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.)

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Bluebook (online)

22 U.S.C. § 290i–11, Counsel Stack Legal Research, https://law.counselstack.com/usc/22/290i–11.