2013 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC. (§§ 261 - 290q)
Subchapter XV - INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION AND DEVELOPMENT (§§ 286 - 286vv)
Section 286e-1 - Increase in quota of United States and in capital stock of Bank; subscription to additional shares

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 1, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XV - INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION AND DEVELOPMENT
Sec. 286e-1 - Increase in quota of United States and in capital stock of Bank; subscription to additional shares
Containssection 286e-1
Date2013
Laws in Effect as of DateJanuary 16, 2014
Positive LawNo
Dispositionstandard
Source CreditJuly 31, 1945, ch. 339, §16, as added Pub. L. 86-48, §1, June 17, 1959, 73 Stat. 80.
Statutes at Large Reference73 Stat. 80
Public Law ReferencePublic Law 86-48

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Increase in quota of United States and in capital stock of Bank; subscription to additional shares - 22 U.S.C. § 286e-1 (2013)
§286e–1. Increase in quota of United States and in capital stock of Bank; subscription to additional shares

(a) The United States Governor of the Fund is authorized to request and consent to an increase of $1,375,000,000 in the quota of the United States under article III, section 2, of the articles of agreement of the Fund, as proposed in the resolution of the Board of Governors of the Fund dated February 2, 1959.

(b) The United States Governor of the Bank is authorized (1) to vote for increases in the capital stock of the Bank under article II, section 2, of the articles of agreement of the Bank, as recommended in the resolution of the Board of Governors of the Bank dated February 2, 1959, and (2) if such increases become effective, to subscribe on behalf of the United States to thirty-one thousand seven hundred and fifty additional shares of stock under article II, section 3, of the articles of agreement of the Bank.

(July 31, 1945, ch. 339, §16, as added Pub. L. 86–48, §1, June 17, 1959, 73 Stat. 80.)

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