Title 22 — Foreign Relations and IntercourseRelease 119-73
§286e–1j Additional increase in capital stock of Bank; subscription to additional shares; authorization of appropriations
Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XV— - INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION AND DEVELOPMENT › § 286e–1j
Summary
Allows the U.S. Governor of the Bank to approve a 70,000-share increase and a U.S. purchase of 12,453 extra shares only if Congress funds them, and permits $1,502,267,655, without fiscal year limit, for the Treasury Secretary to pay.
Full Legal Text
Title 22, §286e–1j
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)The United States Governor of the Bank is authorized—
(1)to vote for an increase of seventy thousand shares in the authorized capital stock of the Bank; and
(2)to subscribe on behalf of the United States to twelve thousand four hundred and fifty-three additional shares of the capital stock of the Bank, except that any subscription to such additional shares 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 this section, there are authorized to be appropriated, without fiscal year limitation, $1,502,267,655 for payment by the Secretary of the Treasury.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification section 51 of act
July 31, 1945, is based on section 301 of title III of H.R. 2253, Ninety-ninth Congress, as reported
May 15, 1985, and enacted into law by Pub. L. 99–190.
Reference
Citations & Metadata
Citation
22 U.S.C. § 286e–1j
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73