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International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 129 : 2 percent and 18 percent portions of subscriptions to be left uncalled (English)

On September 1, 1959, International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number one hundred and twenty-nine. It was resolved that the Bank shall call 2 percent and 18 percent of subscriptions made pursuant to the resolution entitled "increase of $10,000,000,000 in authorized capital stock and subscriptions thereto" only when 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.

Details

  • Document Date

    1959/09/01

  • Document Type

    Board Report

  • Report Number

    83607

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2014/03/04

  • Disclosure Status

    Disclosed

  • Doc Name

    International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 129 : 2 percent and 18 percent portions of subscriptions to be left uncalled

  • Keywords

    authorized capital;lending activities;administrative expense;borrowing capacity;loan guarantee;

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COMPLETE REPORT

Official version of document (may contain signatures, etc)

Citation

International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 129 : 2 percent and 18 percent portions of subscriptions to be left uncalled (English). IBRD Board of Governors Resolution ; no. 129 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/637071468171263617/International-Bank-for-Reconstruction-and-Development-IBRD-Board-of-Governors-resolution-no-129-2-percent-and-18-percent-portions-of-subscriptions-to-be-left-uncalled