Title 22 — Foreign Relations and IntercourseRelease 119-73
§282l Capital stock increase
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XI— - INTERNATIONAL FINANCE CORPORATION › § 282l
Summary
The U.S. Governor for the Corporation may approve 1,000,000 more shares and buy 250,000 of them for the United States, but the purchase can only happen if Congress approves the money in advance. Up to $50,000,000 may be appropriated, with no fiscal year limit, to be paid by the Treasury Secretary.
Full Legal Text
Title 22, §282l
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)(1)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)The subscription authority provided in paragraph (1) 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 subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $50,000,000 for payment by the Secretary of the Treasury.
Reference
Citations & Metadata
Citation
22 U.S.C. § 282l
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73