Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§282n Authority to Agree to Amendments to Articles of Agreement
Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XI— INTERNATIONAL FINANCE CORPORATION › § 282n
Summary
The United States Governor of the Corporation may agree to two changes to the Articles of Agreement. One would raise the vote needed to increase the capital stock from three-fourths to four-fifths. The other would raise the vote to amend the Articles from four-fifths to eighty-five percent.
Full Legal Text
Title 22, §282n
Foreign Relations and Intercourse — Source: USLM XML via OLRC
The United States Governor of the Corporation is authorized to agree to amendments to the Articles of Agreement of the Corporation that would—
(1)amend Article II, section 2(c)(ii), to increase the vote by which the Board of Governors of the Corporation may increase the capital stock of the Corporation from a three-fourths majority to a four-fifths majority; and
(2)amend Article VII(a) to increase the vote by which the Board of Governors of the Corporation may amend the Articles of Agreement of the Corporation from a four-fifths majority to an eighty-five percent majority.
Reference
Citations & Metadata
Citation
22 U.S.C. § 282n
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60