Title 22, Foreign Relations and IntercourseRelease 119-110

§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 Sep 22, 2026|Official source

Summary

The U.S. Governor of the Bank may vote to raise the Bank’s authorized capital stock by 620,000 shares and may agree for the United States to buy 116,262 of those additional shares, but that purchase only goes into effect for the amounts Congress provides in advance through appropriations laws. To pay for the U.S. purchase, up to $14,025,266,370 may be appropriated, with no fiscal year limit, to be paid by the Secretary of the Treasury.

Full Legal Text

Title 22, §286e–1k

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Increase authorized

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)Authorization of appropriations

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

Sep 22, 2026

Release point: 119-110