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2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 283w Increase in authorized capital stock of Bank and increase in resources of Fund for Special Operations; United States share; authorization of appropriations us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 283w 22 U.S.C. § 283w current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s283w data/legal/raw/us/code/title-22/usc22.xml 47ec4618abf311fee0643db4b487dfebef0d544d43200c97d7202b96696c5820 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 bfa47e8438f0027bc693731c1ac35c80a1b354588f0719fd3ada072190d037ba 2026-07-04 official
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22 U.S.C. § 283w - Increase in authorized capital stock of Bank and increase in resources of Fund for Special Operations; United States share; authorization of appropriations

Text

(a) The United States Governor of the Bank is hereby authorized to vote in favor of two resolutions proposed by the Governors at a special meeting in July 1975, and now pending before the Board of Governors of the Bank, which provide for (1) an increase in the authorized capital stock of the Bank and additional subscriptions of members thereto and (2) an increase in the resources of the Fund for Special Operations and contributions thereto. Upon adoption of such resolutions, the United States Governor is authorized to agree on behalf of the United States (1) to subscribe to ninety-nine thousand four hundred and seventy-four shares of $10,000 par value of the increase in the authorized capital stock of the Bank of which eighty-nine thousand five hundred and twenty-six shall be callable shares and nine thousand nine hundred and forty-eight shall be paid in and (2) to contribute to the Fund for Special Operations $600,000,000, in accordance with and subject to the terms and conditions of such resolutions.

(b) There are hereby authorized to be appropriated, without fiscal year limitation, the amounts necessary for payment by the Secretary of the Treasury of (1) $1,199,997,873 for the United States subscription to the capital stock of the Bank and (2) $600,000,000 for the United States share of the increase in the resources of the Fund for Special Operations: Provided, however, That not more than $15,677,000 may be made available to the Fund for Special Operations for the fiscal year 1982.

(Pub. L. 86147, § 26, as added Pub. L. 94302, title I, § 101, May 31, 1976, 90 Stat. 591; amended Pub. L. 9735, title XIII, § 1351(c), Aug. 13, 1981, 95 Stat. 744.)

Notes

Editorial Notes

Amendments1981—Subsec. (b). Pub. L. 9735 inserted provision limiting amount of appropriations available for Fund for Special Operations for fiscal year 1982.

Statutory Notes and Related Subsidiaries

Effective Date of 1981 AmendmentAmendment by Pub. L. 9735 effective Aug. 13, 1981, except that any funds authorized to be appropriated shall not be available for use or obligation prior to Oct. 1, 1981, see section 1372 of Pub. L. 9735, set out as an Effective Date note under section 290i of this title.