Title 22Foreign Relations and IntercourseRelease 119-73

§290l–10 Capital increase

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XXVII— - EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT › § 290l–10

Last updated Apr 6, 2026|Official source

Summary

The U.S. Governor at the Bank may buy up to 40,000 extra paid-in shares for the United States. Any purchase can only happen if Congress first provides the money in advance through appropriation laws. Congress is allowed to appropriate $437,457,804, with no fiscal year limit, for the Secretary of the Treasury to pay for this increase.

Full Legal Text

Title 22, §290l–10

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 up to 40,000 additional shares of the paid-in capital stock of the Bank.
(2)Any subscription by the United States to additional paid-in capital stock of the Bank shall be effective only to such extent and 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 under paragraph (A), there are authorized to be appropriated, without fiscal year limitation, $437,457,804, for payment by the Secretary of the Treasury.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification Pub. L. 119–37, div. A, § 160, Nov. 12, 2025, 139 Stat. 507, which directed amendment of section 562(c) of Pub. L. 101–513 (22 U.S.C. 290l et seq.) by adding at the end a new par. (13), was executed to the second of two subsecs. (c) by adding this section, to reflect the probable intent of Congress. The first subsec. (c) of section 562 is set out as a note under section 2293 of this title. Subsecs. (a) and (b) were in the original (A) and (B), respectively, and pars. (1) and (2) of subsec. (a) were in the original (i) and (ii), respectively, and were editorially redesignated for purposes of codification.

Reference

Citations & Metadata

Citation

22 U.S.C. § 290l–10

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73