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Title 22 — Foreign Relations and Intercourse

Chapter 7 — International Bureaus, Congresses, Etc.

§ 282n. Authority to agree to amendments to Articles of Agreement

Statutory text

The United States Governor of the Corporation is authorized to agree to amendments to the Articles of Agreement of the Corporation that would—

(1)

amend Article II, Section 2(c)(ii), to increase the vote by which the Board of Governors of the Corporation may increase the capital stock of the Corporation from a three-fourths majority to a four-fifths majority; and

(2)

amend Article VII(a) to increase the vote by which the Board of Governors of the Corporation may amend the Articles of Agreement of the Corporation from a four-fifths majority to an eighty-five percent majority.

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.

  1. Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992

    Pub. L. 102–511 title X § 1006 · 106 Stat. 3320

    Enacted · 22 U.S.C. § 282n

    (Aug. 11, 1955, ch. 788, § 16, as added Pub. L. 102–511, title X, § 1006, Oct. 24, 1992, 106 Stat. 3361.)

    Source evidence

    Code source credit
    (Aug. 11, 1955, ch. 788, § 16, as added Pub. L. 102–511, title X, § 1006, Oct. 24, 1992, 106 Stat. 3361.)

    Enacted provision · exact public law section
    SEC. 1006. AUTHORITY TO AGREE TO AMENDMENTS TO THE ARTICLES OF AGREEMENT OF THE INTERNATIONAL FINANCE CORPORATION. The International Finance Corporation Act (22 U.S.C. 282–282k) is amended by adding after the section added by section 1005 of this Act the following: “SEC. 16. AUTHORITY TO AGREE TO AMENDMENTS TO THE ARTICLES OF AGREEMENT. “The United States Governor of the Corporation is authorized to agree to amendments to the Articles of Agreement of the Corporation that would— “(1) amend Article II, Section 2(c)(ii), to increase the vote by which the Board of Governors of the Corporation may increase the capital stock of the Corporation from a three-fourths majority to a four-fifths majority; and “(2) amend Article VII(a) to increase the vote by which the Board of Governors of the Corporation may amend the Articles of Agreement of the Corporation from a four-fifths majority to an eighty-five percent majority.”.

1 of 1 references resolved to an enrolled provision

Credits

(Aug. 11, 1955, ch. 788, § 16, as added Pub. L. 102–511, title X, § 1006, , 106 Stat. 3361.)

Parsed from the official OLRC USLM XML in data/usc_all/usc22.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t22/s282n