Title 22, Foreign Relations and IntercourseRelease 119-110
§282l Capital Stock Increase
Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XI — INTERNATIONAL FINANCE CORPORATION › § 282l
Summary
The U.S. Governor of the Corporation can raise the corporation's allowed shares by 1,000,000 and buy 250,000 shares for the United States. The purchase only happens if Congress provides the money first; up to $50,000,000 is available for the Treasury to pay, without a fiscal year limit.
Full Legal Text
Title 22, §282l
Foreign Relations and Intercourse, Source: USLM XML via OLRC
(a)Subscription authorized
(1)In general
The United States Governor of the Corporation may—
(A)vote for an increase of 1,000,000 shares in the authorized capital stock of the Corporation; and
(B)subscribe on behalf of the United States to 250,000 additional shares of the capital stock of the Corporation.
(2)Prior appropriation required
The subscription authority provided in paragraph (1) shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.
(b)Limitations on authorization of appropriations
In order to pay for the subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $50,000,000 for payment by the Secretary of the Treasury.
Reference
Citations & Metadata
Citation
22 U.S.C. § 282l
Title 22, Foreign Relations and Intercourse
Last Updated
Sep 22, 2026
Release point: 119-110