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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 290i10 Authorization of United States subscription to stock; authorization of appropriations us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 290i10 22 U.S.C. § 290i10 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/s290i10 data/legal/raw/us/code/title-22/usc22.xml 273154ef840545945877dd8c9195ef3a983ce5247cd0b49788bd67a0dd9e8fc9 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 472276459ac37801bde1323c053bf8786d8c0c69fce06db4b0f540d24996c6f9 2026-07-04 official
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22 U.S.C. § 290i10 - Authorization of United States subscription to stock; authorization of appropriations

Text

(a) The United States Governor of the Bank is authorized to agree to subscribe on behalf of the United States to fifty-nine thousand, six hundred and thirty-two shares of the capital stock of the Bank, except that the subscription shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

(b) In order to pay for the United States subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $719,370,633, for payment by the Secretary of the Treasury.

(Pub. L. 9735, title XIII, § 1343, as added Pub. L. 100202, § 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329131, 1329134.)

Notes

Editorial Notes

Codification Section 1343 of Pub. L. 9735 is based on section 301 of title III of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L. 100202.

Statutory Notes and Related Subsidiaries

Fifth General Capital IncreasePub. L. 106113, div. B, § 1000(a)(2) [title V, § 594], Nov. 29, 1999, 113 Stat. 1535, 1501A122, provided in part that the Secretary of the Treasury may effect the United States participation in the fifth general capital increase of the African Development Bank, and authorized $40,847,011 to be appropriated without fiscal year limitation for payment by the Secretary for paid-in capital of the Bank and $639,932,485 to be appropriated without fiscal year limitation for payment by the Secretary for callable capital of the Bank.