Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§282j Increase in Capital Stock of Corporation; Subscription to Additional Shares
Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XI— INTERNATIONAL FINANCE CORPORATION › § 282j
Summary
U.S. Governor of the Corporation may vote to add 650,000 shares and agree the U.S. will buy 175,162 more, but those purchases only happen if Congress provides money in advance. Congress may appropriate $175,162,000 without fiscal-year limit to be paid by Treasury Secretary.
Full Legal Text
Title 22, §282j
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)The United States Governor of the Corporation is authorized—
(1)to vote for an increase of 650,000 shares in the authorized capital stock of the Corporation; and
(2)to subscribe on behalf of the United States to 175,162 additional shares of the capital stock of the Corporation, except that any subscription to 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 Corporation provided for in this section, there are authorized to be appropriated, without fiscal year limitation, § 175,162,000 for payment by the Secretary of the Treasury.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification section 12 of act Aug. 11, 1955, is based on section 3 of H.R. 1948, Ninety-ninth Congress, as introduced Apr. 3, 1985, and enacted into law by Pub. L. 99–190.
Reference
Citations & Metadata
Citation
22 U.S.C. § 282j
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60