Title 22 — Foreign Relations and IntercourseRelease 119-73not60

§282l Capital Stock Increase

Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XI— INTERNATIONAL FINANCE CORPORATION › § 282l

Last updated Apr 5, 2026|Official source

Summary

The U.S. Governor of the Corporation may vote to add 1,000,000 shares to the company's authorized stock and may subscribe for 250,000 of those shares on behalf of the United States. The United States can only buy those shares if Congress first provides the money in appropriation laws. Up to $50,000,000 may be provided, with no fiscal year limit, to pay for the purchase, and the Secretary of the Treasury will make the payment.

Full Legal Text

Title 22, §282l

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)(1)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)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)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

Apr 5, 2026

Release point: 119-73not60