Title 22, Foreign Relations and IntercourseRelease 119-73not60

§286e–1k Capital Stock Increase

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

Last updated Apr 5, 2026|Official source

Summary

The United States Governor of the Bank may vote to add 620,000 shares to the Bank’s authorized stock. The Governor may also agree for the United States to buy 116,262 more shares, but that purchase only happens for the amounts that Congress approves ahead of time. Congress may provide $14,025,266,370 to pay for the extra U.S. shares, without a fiscal year limit, and the Secretary of the Treasury will make the payment.

Full Legal Text

Title 22, §286e–1k

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 620,000 shares in the authorized capital stock of the Bank; and

(2)to subscribe on behalf of the United States to 116,262 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, $14,025,266,370, for payment by the Secretary of the Treasury.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification section 53 of act July 31, 1945, is based on section 1 of H.R. 4645, One Hundredth Congress, as reported Sept. 28, 1988, and enacted into law by Pub. L. 100–461.

Reference

Citations & Metadata

Citation

22 U.S.C. § 286e–1k

Title 22, Foreign Relations and Intercourse

Last Updated

Apr 5, 2026

Release point: 119-73not60