22 USC 290m-7 - First capital increase

U.S Code last checked for updates: May 04, 2024

§ 290m–7.

First capital increase

(a)

Subscription authorized

(1)

In general

(2)

Limitation

(b)

Limitations on authorization of appropriations

(1)

In general

(2)

Allocation of funds

Of the amount authorized to be appropriated under paragraph (1)—

(A)

$225,000,000 shall be for paid in shares of the Bank; and

(B)

$1,275,000,000 shall be for callable shares of the Bank.

(Pub. L. 103–182, title V, § 547, as added Pub. L. 116–113, title VIII, § 831, Jan. 29, 2020, 134 Stat. 96; amended Pub. L. 116–113, title VI, § 601, Jan. 29, 2020, 134 Stat. 78; Pub. L. 116–260, div. O, title VI, § 601(a)(1), (2), Dec. 27, 2020, 134 Stat. 2149.)

cite as: 22 USC 290m-7