§ 282l. Capital stock increase

Statutory text

Subscription authorized

In general

The United States Governor of the Corporation may—

vote for an increase of 1,000,000 shares in the authorized capital stock of the Corporation; and

subscribe on behalf of the United States to 250,000 additional shares of the capital stock of the Corporation.

Prior appropriation required

The subscription authority provided in paragraph (1) shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

Limitations on authorization of appropriations

In order to pay for the subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $50,000,000 for payment by the Secretary of the Treasury.

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.

1991
Pub. L. 102–145 § 125(a) · 105 Stat. 968
Enacted · 22 U.S.C. § 282l
(Aug. 11, 1955, ch. 788, § 14, as added Pub. L. 102–145, § 125(a), Oct. 28, 1991, as added Pub. L. 102–266, § 102, Apr. 1, 1992, 106 Stat. 97.)
Source evidence
Code source credit
(Aug. 11, 1955, ch. 788, § 14, as added Pub. L. 102–145, § 125(a), Oct. 28, 1991, as added Pub. L. 102–266, § 102, Apr. 1, 1992, 106 Stat. 97.)

0 of 1 references resolved to an enrolled provision · 1 partial

Credits

(Aug. 11, 1955, ch. 788, § 14, as added Pub. L. 102–145, § 125(a), Oct. 28, 1991, as added Pub. L. 102–266, § 102, Apr. 1, 1992, 106 Stat. 97.)