Title 22, Foreign Relations and IntercourseRelease 119-102
§285q Subscription to Additional Shares; Authorization of Appropriations
Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XIV — ASIAN DEVELOPMENT BANK › § 285q
Summary
Authorizes the U.S. Governor to the Bank to buy 30,000 additional shares for the United States under Resolution No. 46 approved by the Bank’s Board on November 30, 1971. It also allows $361,904,726 to be appropriated, with no fiscal year limit, for the Secretary of the Treasury to pay for the increase.
Full Legal Text
Title 22, §285q
Foreign Relations and Intercourse, Source: USLM XML via OLRC
(a)The United States Governor of the Bank is authorized to subscribe on behalf of the United States to thirty thousand additional shares of the capital stock of the Bank in accordance with and subject to the terms and conditions of Resolution Numbered 46 adopted by the Bank’s Board of Governors on November 30, 1971.
(b)In order to pay for the increase in the United States subscription to the Bank provided for in this section, there is hereby authorized to be appropriated without fiscal year limitation $361,904,726 for payment by the Secretary of the Treasury.
Reference
Citations & Metadata
Citation
22 U.S.C. § 285q
Title 22, Foreign Relations and Intercourse
Last Updated
Aug 21, 2026
Release point: 119-102