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22 U.S.C. § 282m — Authority to vote for capital increases necessary to support economic restructuring in independent states of former Soviet Union

submitted 71 years ago by Pub. L. 102-511 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 47 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Governor of the Corporation may vote for any increase in its capital stock. This must be needed to help the independent states of the former Soviet Union, as defined by law.

The U.S. Governor of the Corporation may vote to increase the Corporation's capital stock. The Governor can do this whenever more capital is needed to meet the needs of the independent states of the former Soviet Union. The law does not define which countries count as the former Soviet Union's independent states in this section — it points to the definition in section 5801 of this title instead.
the actual law source: uscode.house.gov ↗public domain

The United States Governor of the Corporation may vote in favor of any increase in the capital stock of the Corporation that may be needed to accommodate the requirements of the independent states of the former Soviet Union (as defined in section 5801 of this title).

Source credit: (Aug. 11, 1955, ch. 788, § 15, as added Pub. L. 102–511, title X, § 1005, Oct. 24, 1992, 106 Stat. 3361.)

history & why it existsrecord from the source credit
  • 1955Enacted · Pub. L. 102-511 · 106 Stat. 3361

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-511 on 1955-08-11.

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