FEDERAL · 15 U.S.C. · Chapter 40

Investment and reinvestments of moneys; credit and disbursement of interest

15 U.S.C. § 1524
Title15Commerce and Trade
Chapter40 — DEPARTMENT OF COMMERCE

This text of 15 U.S.C. § 1524 (Investment and reinvestments of moneys; credit and disbursement of interest) 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.

Bluebook
15 U.S.C. § 1524.

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.

Cite This Page — Counsel Stack

Bluebook (online)
15 U.S.C. § 1524, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/1524.