§ 285ee. Fifth capital increase

Statutory text

Subscription authorized

The United States Governor of the Bank may subscribe on behalf of the United States to 1,104,420 additional shares of the capital stock of the Bank.

Any subscription by the United States to capital stock of the Bank shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.

Authorization of appropriations

In order to pay for the increase in the United States subscription to the Bank provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $13,323,173,083, for payment by the Secretary of the Treasury.

Of the amount authorized to be appropriated under paragraph (1)—

$532,929,240 is authorized to be appropriated for paid-in shares of the Bank; and

$12,790,243,843 is authorized to be appropriated for callable shares of the Bank, 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.

2011
Asian Development Bank Act
Pub. L. 89–369 § 34 · 80 Stat. 71
Enacted · 22 U.S.C. § 285ee
(Pub. L. 89–369, § 34, as added Pub. L. 112–10, div. B, title XI, § 2126(e), Apr. 15, 2011, 125 Stat. 191.)
Source evidence
Code source credit
(Pub. L. 89–369, § 34, as added Pub. L. 112–10, div. B, title XI, § 2126(e), Apr. 15, 2011, 125 Stat. 191.)

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

Credits

(Pub. L. 89–369, § 34, as added Pub. L. 112–10, div. B, title XI, § 2126(e), Apr. 15, 2011, 125 Stat. 191.)