22 USC 282l - Capital stock increase

U.S Code last checked for updates: Oct 17, 2024

§ 282l.

Capital stock increase

(a)

Subscription authorized

(1)

In general

The United States Governor of the Corporation may—

(A)

vote for an increase of 1,000,000 shares in the authorized capital stock of the Corporation; and

(B)

subscribe on behalf of the United States to 250,000 additional shares of the capital stock of the Corporation.

(2)

Prior appropriation required

(b)

Limitations on authorization of appropriations

(Aug. 11, 1955, ch. 788, § 14, as added Pub. L. 102–145, § 125(a), Oct. 28, 1991, as added Pub. L. 102–266, § 102, Apr. 1, 1992, 106 Stat. 97.)

cite as: 22 USC 282l