22 U.S.C. § 290l–10: Capital increase

Summary

The U.S. Governor of the Bank may buy up to 40,000 extra paid-in capital shares for the United States. Congress may set aside up to $437,457,804, without a fiscal year limit, for the Treasury Secretary to pay for this, and any purchase only counts if Congress approved the money in an appropriations act beforehand.

Title 22, §290l–10

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Subscription authorized

(1)The United States Governor of the Bank may subscribe on behalf of the United States up to 40,000 additional shares of the paid-in capital stock of the Bank.

(2)Any subscription by the United States to additional paid-in capital stock of the Bank shall be effective only to such extent and 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 under paragraph (A), there are authorized to be appropriated, without fiscal year limitation, $437,457,804, for payment by the Secretary of the Treasury.

Notes & Related Subsidiaries

Editorial Notes

Codification Pub. L. 119–37, div. A, § 160, Nov. 12, 2025, 139 Stat. 507, which directed amendment of section 562(c) of Pub. L. 101–513 (22 U.S.C. 290l et seq.) by adding at the end a new par. (13), was executed to the second of two subsecs. (c) by adding this section, to reflect the probable intent of Congress. The first subsec. (c) of section 562 is set out as a note under section 2293 of this title. Subsecs. (a) and (b) were in the original (A) and (B), respectively, and pars. (1) and (2) of subsec. (a) were in the original (i) and (ii), respectively, and were editorially redesignated for purposes of codification.

§290l–10 Capital Increase

Summary

Title 22, §290l–10

Notes & Related Subsidiaries

Editorial Notes

Citations & Metadata