§ 282j. — Increase in capital stock of Corporation; subscription to additional shares.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC282j]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XI--INTERNATIONAL FINANCE CORPORATION
Sec. 282j. Increase in capital stock of Corporation;
subscription to additional shares
(a) The United States Governor of the Corporation is authorized--
(1) to vote for an increase of 650,000 shares in the authorized
capital stock of the Corporation; and
(2) to subscribe on behalf of the United States to 175,162
additional shares of the capital stock of the Corporation, except
that any subscription to additional shares 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 increase in the United States
subscription to the Corporation provided for in this section, there are
authorized to be appropriated, without fiscal year limitation,
Sec. 175,162,000 for payment by the Secretary of the Treasury.
(Aug. 11, 1955, ch. 788, Sec. 12, as added Pub. L. 99-190, Sec. 101(i)
[title I, (a)], Dec. 19, 1985, 99 Stat. 1291, 1294.)
Codification
Section 12 of act Aug. 11, 1955, is based on section 3 of H.R. 1948,
Ninety-ninth Congress, as introduced Apr. 3, 1985, and enacted into law
by Pub. L. 99-190.
