Title 22Foreign Relations and IntercourseRelease 119-73

§285aa Capital increase

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XIV— - ASIAN DEVELOPMENT BANK › § 285aa

Last updated Apr 6, 2026|Official source

Summary

The U.S. Governor may subscribe for 35,230 extra Bank shares only if funds are provided in advance. Up to $213,000,000 may be appropriated, with no fiscal‑year limit, for payment by the Treasury Secretary.

Full Legal Text

Title 22, §285aa

Foreign Relations and Intercourse — Source: USLM XML via OLRC

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

Reference

Citations & Metadata

Citation

22 U.S.C. § 285aa

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73