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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. § 282i Increase in capital stock of Corporation; subscription to additional shares us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 282i 22 U.S.C. § 282i 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/s282i data/legal/raw/us/code/title-22/usc22.xml ee71f5aeb950df17d35620fc4b939856cf4dbd4a6d8d41f76187cd01f359c813 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 8293027f3e86de2bda7352962729809cb4e2b0df6bf29743935f822a3379e3a3 2026-07-04 official
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22 U.S.C. § 282i - Increase in capital stock of Corporation; subscription to additional shares

Text

(a) The United States Governor of the Corporation is authorized—

(1) to vote for an increase of five hundred and forty thousand shares in the authorized capital stock of the Corporation; and

(2) if such increase becomes effective, to subscribe on behalf of the United States to one hundred and eleven thousand four hundred and ninety-three additional shares of the capital stock of the Corporation: Provided, however, That any commitment to make payment for such additional subscriptions shall be made subject to obtaining the necessary appropriations.

(b) In order to pay for the increase in the United States subscription to the Corporation provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $111,493,000 for payment by the Secretary of the Treasury.

(Aug. 11, 1955, ch. 788, § 11, as added Pub. L. 95118, title III, § 301, Oct. 3, 1977, 91 Stat. 1068.)

Notes

Statutory Notes and Related Subsidiaries

Effective DatePub. L. 95118, title X, § 1001, Oct. 3, 1977, 91 Stat. 1072, provided that: “This Act [enacting this section and sections 262c, 262d, 262e to 262g, 284n, 285s, 285t, 286e1f, and 290g10 of this title, repealing sections 283y, 284m, 290g9 of this title, and enacting provisions set out as a note under section 262c of this title] shall take effect on the date of its enactment [Oct. 3, 1977], except that no funds authorized to be appropriated by any amendment contained in title II, III, IV, V, or VI [enacting this section and sections 286e1f, 284n, 285s, 285t, or 290g10 of this title] may be available for use or obligation prior to October 1, 1977”.