§ 283x. — Subscription to additional shares; authorization of appropriations.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC283x]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XII--INTER-AMERICAN DEVELOPMENT BANK
Sec. 283x. Subscription to additional shares; authorization of
appropriations
(a) The United States Governor of the Bank is hereby authorized to
vote for an additional increase of one hundred and eight thousand shares
of $10,000 par value in the authorized callable capital stock of the
Bank as recommended in the resolution of the Board of Governors entitled
``Increase of US$4 Billion in the Authorized Capital Stock and
Subscriptions Thereto.'' Upon adoption of a Board of Governors
resolution increasing the authorized capital stock of the Bank by such
amount, the United States Governor is authorized to agree on behalf of
the United States to subscribe to thirty-seven thousand three hundred
and three shares of $10,000 par value of such additional increase in
callable capital in accordance with and subject to the terms and
conditions of such resolution.
(b) In order to pay for the increase in the United States
subscription to the Bank provided for in this section, there is hereby
authorized to be appropriated, without fiscal year limitation,
$450,002,218 for payment by the Secretary of the Treasury.
(Pub. L. 86-147, Sec. 27, as added Pub. L. 94-302, title I, Sec. 101,
May 31, 1976, 90 Stat. 591.)
