22 USC 282o: Selective capital increase and amendment of the Articles of Agreement
Text contains those laws in effect on May 16, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 7-INTERNATIONAL BUREAUS, CONGRESSES, ETC.SUBCHAPTER XI-INTERNATIONAL FINANCE CORPORATION
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§282o. Selective capital increase and amendment of the Articles of Agreement
(a) Vote authorized
The United States Governor of the Corporation is authorized to vote in favor of a resolution to increase the capital stock of the Corporation by $130,000,000.
(b) Amendment of the Articles of Agreement
The United States Governor of the Corporation is authorized to agree to and accept an amendment to Article IV, Section 3(a) of the Articles of Agreement of the Corporation that achieves an increase in basic votes to 5.55 percent of total votes.
(Aug. 11, 1955, ch. 788, §17, as added