US LAWS, STATUTES & CODES ON-LINE

US Supreme Court Decisions On-Line | US Laws



§ 285aa. —  Capital increase.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC285aa]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
                 SUBCHAPTER XIV--ASIAN DEVELOPMENT BANK
 
Sec. 285aa. Capital increase


(a) Subscription authorized

    (1) The United States Governor of the Bank may subscribe on behalf 
of the United States to 35,230 additional shares of the capital stock of 
the Bank. (2) Any subscription by the United States to the capital stock 
of the Bank shall be effective only to such extent or in such amounts as 
are provided in advance in appropriations Acts.

(b) Limitations on authorization of appropriations

    In order to pay for the increase in the United States subscription 
to the Bank provided for in subsection (a) of this section, there are 
authorized to be appropriated, without fiscal year limitation, 
$213,000,000 for payment by the Secretary of the Treasury.

(Pub. L. 89-369, Sec. 30, as added Pub. L. 102-145, Sec. 125(b), as 
added Pub. L. 102-266, Sec. 102, Apr. 1, 1992, 106 Stat. 97.)



chanrobles.com.Com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com