Title 22 — Foreign Relations and Intercourse
Chapter 7 — International Bureaus, Congresses, Etc.
§ 285e. Authorization of appropriations; income covered into Treasury
Statutory text
There is hereby authorized to be appropriated, without fiscal year limitation, for the purchase of twenty thousand shares of capital stock of the Bank, $200,000,000.
Any payment made to the United States by the Bank as a distribution of net income 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.
Asian Development Bank Act
Pub. L. 89–369 § 7 · 80 Stat. 71
Enacted · 22 U.S.C. § 285e
(Pub. L. 89–369, § 7, Mar. 16, 1966, 80 Stat. 72.)
Source evidence
Code source credit
(Pub. L. 89–369, § 7, Mar. 16, 1966, 80 Stat. 72.)Enacted provision · exact public law section
Sec. 7. payment of subscriptions (a) There is hereby authorized to be appropriated, without fiscal year limitation, for the purchase of twenty thousand shares of capital stock of the Bank, $200,000,000. (b) Any payment made to the United States by the Bank as a distribution of net income shall be covered into the Treasury as a miscellaneous receipt.
1 of 1 references resolved to an enrolled provision