Title 22 — Foreign Relations and Intercourse
Chapter 7 — International Bureaus, Congresses, Etc.
§ 282e. Payment of subscriptions to Corporation by United States; dividends covered into Treasury
Statutory text
Authority of Secretary of the Treasury
The Secretary of the Treasury is authorized to pay the subscription of the United States to the Corporation and for this purpose is authorized to use as a public-debt transaction not to exceed $35,168,000 of the proceeds of any securities hereafter issued under chapter 31 of title 31, and the purposes for which securities may be issued under that chapter are extended to include such purpose. Payment under this subsection of the subscription of the United States to the Corporation and any repayment thereof shall be treated as public-debt transactions of the United States.
Dividends treated as miscellaneous receipts
Any payment of dividends made to the United States by the Corporation shall be covered into the Treasury as a miscellaneous receipt.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
(Aug. 11, 1955, ch. 788, § 7, 69 Stat. 670.) · 69 Stat. 670
Enacted · 22 U.S.C. § 282e
(Aug. 11, 1955, ch. 788, § 7, 69 Stat. 670.)
Source evidence
Code source credit
(Aug. 11, 1955, ch. 788, § 7, 69 Stat. 670.)
0 of 1 references resolved to an enrolled provision · 1 partial
Editorial Notes
Codification
In subsec. (a), “chapter 31 of title 31” and “that chapter” substituted for “the Second Liberty Bond Act, as amended” and “that Act”, respectively, on authority of Pub. L. 97–258, § 4(b), , 96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.
Credits
(Aug. 11, 1955, ch. 788, § 7, 69 Stat. 670.)