Title 22 — Foreign Relations and IntercourseRelease 119-73not60

§285ee Fifth Capital Increase

Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XIV— ASIAN DEVELOPMENT BANK › § 285ee

Last updated Apr 5, 2026|Official source

Summary

The U.S. Governor at the Bank may subscribe for 1,104,420 additional shares on behalf of the United States. The United States can only take those shares if Congress provides the money ahead of time through appropriations laws. Congress may provide up to $13,323,173,083 to pay for that increase, with no fiscal year limit, and the money would be paid by the Secretary of the Treasury. Of that total, $532,929,240 is for paid-in shares and $12,790,243,843 is for callable shares.

Full Legal Text

Title 22, §285ee

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)(1)The United States Governor of the Bank may subscribe on behalf of the United States to 1,104,420 additional shares of the capital stock of the Bank.

(2)Any subscription by the United States to capital stock of the Bank shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

(b)(1)In order to pay for the increase in the United States subscription to the Bank provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $13,323,173,083, for payment by the Secretary of the Treasury.

(2)Of the amount authorized to be appropriated under paragraph (1)—

(A)$532,929,240 is authorized to be appropriated for paid-in shares of the Bank; and

(B)$12,790,243,843 is authorized to be appropriated for callable shares of the Bank, for payment by the Secretary of the Treasury.

Reference

Citations & Metadata

Citation

22 U.S.C. § 285ee

Title 22 — Foreign Relations and Intercourse

Last Updated

Apr 5, 2026

Release point: 119-73not60