Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§285e Authorization of Appropriations; Income Covered Into Treasury
Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XIV— ASIAN DEVELOPMENT BANK › § 285e
Summary
Makes up to $200,000,000 available, with no single fiscal-year limit, to buy 20,000 shares of the Bank's stock. Any payment the Bank gives the United States from its net income must be deposited into the U.S. Treasury as a miscellaneous receipt.
Full Legal Text
Title 22, §285e
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)There is hereby authorized to be appropriated, without fiscal year limitation, for the purchase of twenty thousand shares of capital stock of the Bank, $200,000,000.
(b)Any payment made to the United States by the Bank as a distribution of net income shall be covered into the Treasury as a miscellaneous receipt.
Reference
Citations & Metadata
Citation
22 U.S.C. § 285e
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60