Title 22, Foreign Relations and IntercourseRelease 119-73not60

§286e–1j Additional Increase in Capital Stock of Bank; Subscription to Additional Shares; Authorization of Appropriations

Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XV— INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION AND DEVELOPMENT › § 286e–1j

Last updated Apr 5, 2026|Official source

Summary

The United States Governor of the Bank can vote to raise the Bank’s authorized capital by 70,000 shares. The Governor can also sign the United States up to buy 12,453 extra shares, but that purchase only takes effect if Congress provides the money first in an appropriations law. Up to $1,502,267,655 may be appropriated to pay for those shares, and that money has no fiscal year limit.

Full Legal Text

Title 22, §286e–1j

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)The United States Governor of the Bank is authorized—

(1)to vote for an increase of seventy thousand shares in the authorized capital stock of the Bank; and

(2)to subscribe on behalf of the United States to twelve thousand four hundred and fifty-three additional shares of the capital stock of the Bank, except that any subscription to such additional shares shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

(b)In order to pay for the increase in the United States subscription to the Bank provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $1,502,267,655 for payment by the Secretary of the Treasury.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification section 51 of act

July 31, 1945, is based on section 301 of title III of H.R. 2253, Ninety-ninth Congress, as reported

May 15, 1985, and enacted into law by Pub. L. 99–190.

Reference

Citations & Metadata

Citation

22 U.S.C. § 286e–1j

Title 22, Foreign Relations and Intercourse

Last Updated

Apr 5, 2026

Release point: 119-73not60