Title 22, Foreign Relations and IntercourseRelease 119-102

§282n Authority to Agree to Amendments to Articles of Agreement

Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XI — INTERNATIONAL FINANCE CORPORATION › § 282n

Last updated Aug 21, 2026|Official source

Summary

Allows the United States Governor of the Corporation to agree to two changes to the Articles of Agreement. One change raises the vote needed for the Board to increase the corporation’s capital stock from three-fourths (75%) to four-fifths (80%). The other raises the vote needed to amend the Articles from four-fifths (80%) to eighty-five percent (85%).

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

Aug 21, 2026

Release point: 119-102