FEDERAL · 2 U.S.C. · Chapter SUBCHAPTER III—CAPITOL VISITOR CENTER REVOLVING FUND

Administration of Fund

2 U.S.C. § 2234
Title2The Congress
ChapterSUBCHAPTER III—CAPITOL VISITOR CENTER REVOLVING FUND

This text of 2 U.S.C. § 2234 (Administration of Fund) 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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2 U.S.C. § 2234.

Text

(a)Disbursements Disbursements from the Fund may be made by the Architect of the Capitol, upon recommendation of the Chief Executive Officer.
(b)Investment authority The Secretary of the Treasury shall invest any portion of the Fund that, as determined by the Architect of the Capitol, upon recommendation of the Chief Executive Officer, is not required to meet current expenses. Each investment shall be made in an interest-bearing obligation of the United States or an obligation guaranteed both as to principal and interest by the United States that, as determined by the Architect of the Capitol, upon recommendation of the Chief Executive Officer, has a maturity date suitable for the purposes of the Fund. The Secretary of the Treasury shall credit interest earned on the obligations to the F

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History

(Pub. L. 110–437, title III, §304, Oct. 20, 2008, 122 Stat. 4990.)

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2 U.S.C. § 2234, Counsel Stack Legal Research, https://law.counselstack.com/usc/2/2234.