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22 U.S.C. § 290k–8 — Subscription of stock

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)Authority of Secretary of the TreasuryThe 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.
  2. (b)Authorization of appropriationsIn order to pay for United States subscription authorized in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $222,015,580, for payment by the Secretary of the Treasury.
  3. (c)Dividends deposited into TreasuryAny payment of dividends made to the United States by the Agency shall be deposited into the Treasury as a miscellaneous receipt.