Authorization of appropriations; income covered into Treasury
About This Law
/us/usc/t22/s285e
Title
22 — Foreign Relations and Intercourse
Chapter
CH7
Release
119-84
Release Date
2026-04-17
Section Text
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(a) There is hereby authorized to be appropriated, without fiscal year limitation, for the purchase of twenty thousand shares of capital stock of the Bank, $200,000,000.
(b) Any payment made to the United States by the Bank as a distribution of net income shall be covered into the Treasury as a miscellaneous receipt.
(Pub. L. 89–369, § 7, Mar. 16, 1966, 80 Stat. 72.)
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