Title 22 — Foreign Relations and IntercourseRelease 119-73
§282n Authority to agree to amendments to Articles of Agreement
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XI— - INTERNATIONAL FINANCE CORPORATION › § 282n
Summary
The U.S. Governor for the Corporation may agree to two changes to the Corporation’s Articles of Agreement. One change raises the vote needed for the Board of Governors to increase the corporation’s capital stock from a three-fourths majority to a four-fifths majority. The other change raises the vote needed for the Board to amend the Articles from a four-fifths majority to an eighty-five percent majority.
Full Legal Text
Title 22, §282n
Foreign Relations and Intercourse — Source: USLM XML via OLRC
The United States Governor of the Corporation is authorized to agree to amendments to the Articles of Agreement of the Corporation that would—
(1)amend Article II, section 2(c)(ii), to increase the vote by which the Board of Governors of the Corporation may increase the capital stock of the Corporation from a three-fourths majority to a four-fifths majority; and
(2)amend Article VII(a) to increase the vote by which the Board of Governors of the Corporation may amend the Articles of Agreement of the Corporation from a four-fifths majority to an eighty-five percent majority.
Reference
Citations & Metadata
Citation
22 U.S.C. § 282n
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73