
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC290k-8]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
        SUBCHAPTER XXVI--MULTILATERAL INVESTMENT GUARANTEE AGENCY
 
Sec. 290k-8. Subscription of stock


(a) Authority of Secretary of the Treasury

    The Secretary of the Treasury is authorized to subscribe on behalf 
of the United States to 20,519 shares of the capital stock of the 
Agency, except that the subscription shall be effective only to such 
extent or in such amounts as are provided in advance in appropriations 
Acts.

(b) Authorization of appropriations

    In order to pay for United States subscription authorized in 
subsection (a) of this section, there are authorized to be appropriated, 
without fiscal year limitation, $222,015,580, for payment by the 
Secretary of the Treasury.

(c) Dividends deposited into Treasury

    Any payment of dividends made to the United States by the Agency 
shall be deposited into the Treasury as a miscellaneous receipt.

(Pub. L. 100-202, Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-
131, 1329-134.)

                          Codification

    Section is based on section 411 of title IV of H.R. 3750, One 
Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by 
Pub. L. 100-202.


                     First General Capital Increase

    Pub. L. 106-113, div. B, Sec. 1000(a)(2) [title V, Sec. 594], Nov. 
29, 1999, 113 Stat. 1535, 1501A-122, provided in part that the Secretary 
of the Treasury may effect the United States participation in the first 
general capital increase of the Multilateral Investment Guarantee Agency 
and authorized $29,870,087 to be appropriated without fiscal year 
limitation for payment by the Secretary for paid-in capital of the 
Agency and $139,365,533 to be appropriated without fiscal year 
limitation for payment by the Secretary for callable capital of the 
Agency.
