22 USC 286e-1k - Capital stock increase

U.S Code last checked for updates: Nov 22, 2024

§ 286e–1k.

Capital stock increase

(a)

Increase authorized

The United States Governor of the Bank is authorized—

(1)

to vote for an increase of 620,000 shares in the authorized capital stock of the Bank; and

(2)

to subscribe on behalf of the United States to 116,262 additional shares of the capital stock of the Bank, except that any subscription to such additional shares shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

(b)

Authorization of appropriations

(July 31, 1945, ch. 339, § 53, as added Pub. L. 100–461, title V, § 555, Oct. 1, 1988, 102 Stat. 2268–36.)

cite as: 22 USC 286e-1k