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International Finance Corporation (IFC) Board of Governors resolution ; no. 245 : membership of the Republic of Montenegro (Inglês)

On December 29, 2006, the International Finance Corporation (IFC) Board of Governors adopted resolution number two hundred forty-five. It was resolved that, by accepting membership in the Corporation, the Republic of Montenegro shall subscribe to 1,035 shares of the capital stock of the Corporation at the par value of $1,000 per share. Before accepting membership in the Corporation, the Republic of Montenegro shall pay $1,035,000 to the Corporation representing payment in full for the 1,035 shares of the capital stock subscribed. The Republic of Montenegro may fulfill the requirements for membership in the Corporation pursuant to this Resolution until June 30, 2007, or such later date as the Board of Directors may determine.

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