22 USC 290l-9 - Capital increase

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

§ 290l–9.

Capital increase

(a)

Subscription authorized

(1)

The United States Governor of the Bank may subscribe on behalf of the United States up to 90,044 additional callable shares of the capital stock of the Bank in accordance with Resolution No. 128 as adopted by the Board of Governors of the Bank on May 14, 2010.

(2)

Any subscription by the United States to additional capital stock of the Bank shall be effective only to such extent and in such amounts as are provided in advance in appropriations Acts.

(b)

Limitations on authorization of appropriations

(Pub. L. 101–513, title V, § 562(c)(12), as added Pub. L. 112–74, div. I, title VII, § 7081(e), Dec. 23, 2011, 125 Stat. 1260.)

cite as: 22 USC 290l-9