(a)The United States Governor of the Corporation is authorized—
(1)to vote for an increase of five hundred and forty thousand shares in the authorized capital stock of the Corporation; and
(2)if such increase becomes effective, to subscribe on behalf of the United States to one hundred and eleven thousand four hundred and ninety-three additional shares of the capital stock of the Corporation: Provided, however, That any commitment to make payment for such additional subscriptions shall be made subject to obtaining the necessary appropriations.
(b)In order to pay for the increase in the United States subscription to the Corporation provided for in this section, there are authorized to be appropriated, without fiscal year limitation, $111,493,000 for payment by the Secretary of the Treasury.
Pub. L. 95–118, title X, § 1001,Oct. 3, 1977, 91 Stat. 1072, provided that: “This Act [enacting this section and sections
290g–10 of this title, repealing sections
290g–9 of this title, and enacting provisions set out as a note under section
262c of this title] shall take effect on the date of its enactment [Oct. 3, 1977], except that no funds authorized to be appropriated by any amendment contained in title II, III, IV, V, or VI [enacting this section and sections
290g–10 of this title] may be available for use or obligation prior to October 1, 1977”.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Description of Change
Statutes at Large
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