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Multilateral Investment Guarantee Agency (MIGA) Council of Governors resolution ; no. 61 : extension of subscription period under the resolution no. 57 of the Council of Governors (English)

On May 6, 2002, Multilateral Investment Guarantee Agency (MIGA) Council of Governors adopted resolution number sixty one. It was resolved that: the subscription period to the 1998 General Capital Increase (GCI) is extended for twelve months from March 29, 2002 and will end on March 28, 2003; shares that remain unsubscribed at the end of the subscription period shall be utilized towards achieving parity of voting power between category one and category two members; and during the twelve month extension period, any country listed in schedule A to the convention which decides to become a member of MIGA shall do so by subscribing, at par, the number of shares set forth in that Schedule and in the manner set forth in the convention.

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Multilateral Investment Guarantee Agency (MIGA) Council of Governors resolution ; no. 61 : extension of subscription period under the resolution no. 57 of the Council of Governors (English). MIGA Council of Governors Resolution ; no. 61 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/993261468327410560/Multilateral-Investment-Guarantee-Agency-MIGA-Council-of-Governors-resolution-no-61-extension-of-subscription-period-under-the-resolution-no-57-of-the-Council-of-Governors