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Code · STATUTE-COMPILATIONS · Bretton Woods Agreements Act · Sec. 53.82

Sec. 53.82. CAPITAL STOCK INCREASE

339 words·~2 min read·/statute-compilations/comps-10334/sec-53-82

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## SEC. 53.82 CAPITAL STOCK INCREASE **[**[22 U.S.C. ](/us/usc/t22)e–1k**]** ###
(a)Increase Authorized The United States Governor of the Bank is authorized— 82Sec. 53 was added by sec. 1 of H.R. 4645, as reported by the Committee on Banking, Finance, and Urban Affairs on Sept. 22, 1988, and enacted into law by reference in sec. 555 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1989 (Public Law 100–461; 102 Stat. 2268–36). ####
(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.83 83U.S. payment for this increase was made in the following amounts and Public Laws: fiscal year 1989—$2,342.9 million ($50 million paid-in capital; $2,292.9 million callable capital) (Public Law 100–461); fiscal year 1990—$49.8 million paid-in capital (Public Law 101–167); fiscal year 1991—$3,010.2 million ($110.59 million paid-in capital; $2,899.61 million callable capital) (Public Law 101–513); fiscal year 1992—$2,302.99 million ($69.09 million paid-in capital; $2,233.9 million callable capital) (Public Law 102–145, as amended by Public Law 102–266); fiscal year 1993—$2,072.69 million ($62.18 million paid-in capital; $2,010.51 million callable capital) (Public Law 102–391); fiscal year 1994—$1,860.7 million ($55.82 million paid-in capital; $1,804.88 million callable capital) (Public Law 103–87). Pursuant to Public Law 103–211 (108 Stat. 30), however, a portion of fiscal year 1994 funds were rescinded. Paid-in capital was reduced by $27.9 million, and callable capital was limited to not exceed $902.4 million. For fiscal year 1995—$766.9 million ($23.009 million paid-in; $743.9 million callable capital) (Public Law 103–306).
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  • Pub. L. 100-461
  • 102 Stat. 2268
  • Pub. L. 101-167
  • Pub. L. 101-513
  • Pub. L. 102-145
  • Pub. L. 102-266
  • Pub. L. 102-391
  • Pub. L. 103-87
  • Pub. L. 103-211
  • 108 Stat. 30
  • Pub. L. 103-306
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Sec. 53.82
CAPITAL STOCK INCREASE
Pub. L.Pub. L. 100-461
Stat.102 Stat. 2268
Pub. L.Pub. L. 101-167
Pub. L.Pub. L. 101-513
Pub. L.Pub. L. 102-145
Cites 11 · showing 5Cited by 0 across 0 sources
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