FEDERAL · 15 U.S.C. · Chapter 40
Investment and reinvestments of moneys; credit and disbursement of interest
Current through Pub. L. 119-102
Upon the request of the Secretary of Commerce, the Secretary of the Treasury may invest and reinvest in securities of the United States or in securities guaranteed as to principal and interest by the United States any moneys contained in the fund authorized herein. Income accruing from such securities, and from any other property accepted pursuant to section 1522 of this title, shall be deposited to the credit of the fund authorized herein, and shall be disbursed upon order of the Secretary of Commerce.
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15 U.S.C. § 1524 (Investment and reinvestments of moneys; credit and disbursement of interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
§ 1522
15 U.S.C. § 1522
Source Credit
History
(Pub. L. 88–611, §3, Oct. 2, 1964, 78 Stat. 991.)
Editorial Notes
Editorial Notes
Codification
Section was formerly classified to section 608c of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.
Codification
Section was formerly classified to section 608c of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.