(a) The United States Governor
of the Bank is authorized—
(1) to vote to increase by three hundred
and sixty-five thousand shares the authorized capital stock of the
Bank; and
(2) to subscribe
on behalf of the United States to not more than seventy-three thousand
and ten shares of the capital stock of the Bank: Provided, however, That not more than seven and one-half percent ($658,305,195) of
the price of the shares subscribed may be paid in to the Bank on subscription, with
the remainder of that price ($8,149,256,155) being subject to call
only when a call on unpaid subscriptions is required to meet obligations
of the Bank for funds borrowed or on loans guaranteed by it and not
for use by the Bank in its lending activities or for administrative
expenses: Provided further, That any subscription to such additional
shares shall be effective only to such extent or in such amounts as
are provided in advance in appropriations Acts.
(b) In order to pay for the paid-in portion
of the United States subscription to the Bank provided for in this
section, there is authorized to be appropriated, without fiscal year
limitation, $658,305,195 for payment by the Secretary of the Treasury: Provided, however, That not more than $109,720,549 of such sum
may be made available for each of the fiscal years 1982, 1983, and
1984.
[22
USC 286e-1h. As added by act of Aug. 13, 1981 (95 Stat. 740).]
