Code · STATUTE-COMPILATIONS · Asian Development Bank Act · Sec. 7

Sec. 7. payment of subscriptions

64 words·~1 min read·/statute-compilations/comps-1335/sec-7

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## Sec. 7 payment of subscriptions **[**[22 U.S.C. 285e](/us/usc/t22/s285e)**]** ###

(a)There is hereby authorized to be appropriated, without fiscal year limitation, for the purchase of twenty thousand shares of capital stock of the Bank, $200,000,000. ###

(b)Any payment made to the United States by the Bank as a distribution of net income shall be covered into the Treasury as a miscellaneous receipt.

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U.S. Code

Authorization of appropriations; income covered into Treasury
§ 285e

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Sec. 7

payment of subscriptions

U.S.C.§ 285e

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