Sec. 51.80. capital stock increase
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## Sec. 51.80 capital stock increase **[**[22 U.S.C. 286e–1j](/us/usc/t22/s286e–1j)**]** ###
(a)The United States Governor of the Bank is authorized— 80The Selective Capital Increase
(SCI)authorized by sec. 51 was added by sec. 301 of H.R. 2253, as enacted into law by sec. 101(i) of the Further Continuing Appropriations, 1986 (Public Law 99–190; 99 Stat. 1291). ####
(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.
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- 22 USC 286e–1j
- Pub. L. 99-190
- 99 Stat. 1291
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Sec. 51.80
capital stock increase
Cite22 USC 286e–1j
Pub. L.Pub. L. 99-190
Stat.99 Stat. 1291
Cites 3Cited by 0 across 0 sources