FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER IV—PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM

Bonds as investments

12 U.S.C. § 2157
Title12Banks and Banking
ChapterSUBCHAPTER IV—PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM
PartA

This text of 12 U.S.C. § 2157 (Bonds as investments) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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12 U.S.C. § 2157.

Text

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.

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Source Credit

History

(Pub. L. 92–181, title IV, §4.6, Dec. 10, 1971, 85 Stat. 612.)

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12 U.S.C. § 2157, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/2157.