Statute · United States Code

22 U.S.C. § 290k–8 — Subscription of stock

22 U.S.C. § 290k-8

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2026-11-03

(a) Authority of Secretary of the Treasury The Secretary of the Treasury is authorized to subscribe on behalf of the United States to 20,519 shares of the capital stock of the Agency, except that the subscription shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts. (b) Authorization of appropriations In order to pay for United States subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $222,015,580, for payment by the Secretary of the Treasury. (c) Dividends deposited into Treasury Any payment of dividends made to the United States by the Agency shall be deposited into the Treasury as a miscellaneous receipt.

Citator

22 U.S.C. § 290k–8 — Subscription of stock is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Authority of Secretary of the Treasury The Secretary of the Treasury is authorized to subscribe on behalf of the United States to 20,519 shares of the capital stock of the Agency, except that the subscription shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts. (b) Authorization of appropriations In order to pay for United States subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $222,015,580, for payment by the Secretary of the Treasury. (c) Dividends deposited into Treasury Any payment of dividends made to the United States by the Agency shall be deposited into the Treasury as a miscellaneous receipt.