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22 U.S.C. § 282l

Title 22 Chapter 7 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 282l. Capital stock increase

  • (a)
    • (1) The United States Governor of the Corporation may—
      • (A) vote for an increase of 1,000,000 shares in the authorized capital stock of the Corporation; and
      • (B) subscribe on behalf of the United States to 250,000 additional shares of the capital stock of the Corporation.
    • (2) The subscription authority provided in paragraph (1) shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts.
  • (b) In order to pay for the subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $50,000,000 for payment by the Secretary of the Treasury.

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