§ 283w. Increase in authorized capital stock of Bank and increase in resources of Fund for Special Operations; United States share; authorization of appropriations
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(a)The United States Governor of the Bank is hereby authorized to vote in favor of two resolutions proposed by the Governors at a special meeting in July 1975, and now pending before the Board of Governors of the Bank, which provide for
(1)an increase in the authorized capital stock of the Bank and additional subscriptions of members thereto and
(2)an increase in the resources of the Fund for Special Operations and contributions thereto. Upon adoption of such resolutions, the United States Governor is authorized to agree on behalf of the United States
(1)to subscribe to ninety-nine thousand four hundred and seventy-four shares of $10,000 par value of the increase in the authorized capital stock of the Bank of which eighty-nine thousand five hundred and twenty-six shall be callable shares and nine thousand nine hundred and forty-eight shall be paid in and
(2)to contribute to the Fund for Special Operations $600,000,000, in accordance with and subject to the terms and conditions of such resolutions.
(b)There are hereby authorized to be appropriated, without fiscal year limitation, the amounts necessary for payment by the Secretary of the Treasury of
(1)$1,199,997,873 for the United States subscription to the capital stock of the Bank and
(2)$600,000,000 for the United States share of the increase in the resources of the Fund for Special Operations: Provided, however, That not more than $15,677,000 may be made available to the Fund for Special Operations for the fiscal year 1982.
(Pub. L. 86–147, § 26, as added Pub. L. 94–302, title I, § 101, May 31, 1976, 90 Stat. 591; amended Pub. L. 97–35, title XIII, § 1351(c), Aug. 13, 1981, 95 Stat. 744.)
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statutes-at-large
- Public Law 98–151
- Public Law 95–481Making appropriations for Foreign Assistance and related programs for the fiscal year ending September 30, 1979, and for other purposes
- Public Law 95–26Making supplemental appropriations for the fiscal year ending September 30, 1977, and for other purposes
- Public Law 97–35To provide for reconciliation pursuant to section 301 of the first concurrent resolution on the budget for the fiscal year 1982
- Public Law 94–302To provide for increased participation by the United States in the Inter-American Development Bank, to provide for the entry of nonregional members and the Bahamas and Guyana in the Inter-American Development Bank, to provide for the participation of the United States in the African Development Fund
- Public Law 95–148Making appropriations for Foreign Assistance and related programs for the fiscal year ending September 30, 1978, and for other purposes
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U.S. Code
7 references not yet in our index
- Pub. L. 86–147, § 26
- Pub. L. 94–302, title I, § 101
- 90 Stat. 591
- Pub. L. 97–35, title XIII, § 1351(c)
- 95 Stat. 744
- Pub. L. 97–35
- section 1372 of Pub. L. 97–35
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§ 283w
Increase in authorized capital stock of Bank and increase in resources of Fund for Special Operations; United States share; authorization of appropriations
Stat.×6
Pub. L.Pub. L. 86–147, § 26
Pub. L.Pub. L. 94–302, title I, § 101
Stat.90 Stat. 591
Pub. L.Pub. L. 97–35, title XIII, § 1351(c)
Stat.95 Stat. 744
Cites 8 · showing 6Cited by 6 across 1 source