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—
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
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.
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.)