---
kind: "section"
citation: "22 U.S.C. § 283x"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "283x"
heading: "Subscription to additional shares; authorization of appropriations"
release: "119-102"
url: "https://uscodex.org/usc/22/283x"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XII — Inter-American Development Bank"
---

# §283x. Subscription to additional shares; authorization of appropriations

- (a) The [United States](/usc/22/1395.md?p=a-1) Governor of the Bank is hereby authorized to vote for an additional increase of one hundred and eight thousand shares of $10,000 par [value](/usc/22/2794.md?p=2) in the authorized callable capital stock of the Bank as recommended in the resolution of the [Board](/usc/22/2431a.md?p=4) of Governors entitled “Increase of US$4 Billion in the Authorized Capital Stock and Subscriptions Thereto.” Upon adoption of a [Board](/usc/22/2431a.md?p=4) of Governors resolution increasing the authorized capital stock of the Bank by such amount, the [United States](/usc/22/1395.md?p=a-1) Governor is authorized to agree on behalf of the [United States](/usc/22/1395.md?p=a-1) to subscribe to thirty-seven thousand three hundred and three shares of $10,000 par [value](/usc/22/2794.md?p=2) of such additional increase in callable capital in accordance with and subject to the terms and conditions of such resolution.
- (b) In order to pay for the increase in the [United States](/usc/22/1395.md?p=a-1) subscription to the Bank provided for in this section, there is hereby authorized to be appropriated, without fiscal year limitation, $450,002,218 for payment by the [Secretary](/usc/22/277d–43.md?p=5) of the Treasury.

## Source credit

(Pub. L. 86–147, § 27, as added Pub. L. 94–302, title I, § 101, May 31, 1976, 90 Stat. 591.)