Title 22Foreign Relations and IntercourseRelease 119-73

§285e Authorization of appropriations; income covered into Treasury

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

Last updated Apr 6, 2026|Official source

Summary

Allows $200,000,000, with no fiscal-year limit, to buy 20,000 Bank shares; Bank net-income payments go to the Treasury as miscellaneous receipts.

Full Legal Text

Title 22, §285e

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)There is hereby authorized to be appropriated, without fiscal year limitation, for the purchase of twenty thousand shares of capital stock of the Bank, $200,000,000.
(b)Any payment made to the United States by the Bank as a distribution of net income shall be covered into the Treasury as a miscellaneous receipt.

Reference

Citations & Metadata

Citation

22 U.S.C. § 285e

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73