{"identifier":"/us/usc/t22/s290i\u20136","title":22,"num":"\u00a7\u202f290i\u20136.","heading":"Subscription to stock","text":"\u00a7\u202f290i\u20136.\nSubscription to stock\n(a)\nAuthorization of United States subscription to stock\nThe President is authorized to agree to subscribe on behalf of the United States to twenty-nine thousand eight hundred and twenty shares of the capital stock of the Bank:\nProvided, however\n(b)\nAuthorization of appropriations\nThere is authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury of the initial United States subscription to twenty-nine thousand eight hundred and twenty shares of the capital stock of the Bank, $359,733,570:\nProvided, however\n(c)\nDistributions by Bank\nAny payment or distributions of moneys from the Bank to the United States shall be covered into the Treasury as a miscellaneous receipt.","url":"https://projectusc.org/usc/t22/s290i\u20136.html","content":[{"t":"sec","id":"/us/usc/t22/s290i\u20136","children":[{"t":"num","text":"\u00a7\u202f290i\u20136."},{"t":"heading","text":"Subscription to stock"},{"t":"subsec","id":"/us/usc/t22/s290i\u20136/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"Authorization of United States subscription to stock"},{"t":"content","children":[{"t":"p","text":"The President is authorized to agree to subscribe on behalf of the United States to twenty-nine thousand eight hundred and twenty shares of the capital stock of the Bank: ","children":[{"t":"text","text":"Provided, however","tail":", That the subscription shall be effective only to such extent or in such amounts as are provided in advance in appropriations Acts."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t22/s290i\u20136/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Authorization of appropriations"},{"t":"content","children":[{"t":"p","text":"There is authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury of the initial United States subscription to twenty-nine thousand eight hundred and twenty shares of the capital stock of the Bank, $359,733,570: ","children":[{"t":"text","text":"Provided, however","tail":", That not more than $17,986,679 of such sum may be made available for paid in subscriptions to the Bank for each of the fiscal years 1982, 1983, and 1984."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t22/s290i\u20136/c","children":[{"t":"num","text":"(c)"},{"t":"heading","text":"Distributions by Bank"},{"t":"content","children":[{"t":"p","text":"Any payment or distributions of moneys from the Bank to the United States shall be covered into the Treasury as a miscellaneous receipt.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}