22 U.S.C. § 4059 — Investment of Fund

FEDERAL · 22 U.S.C. · Chapter 52

Investment of Fund

Current through Pub. L. 119-102

Title 22 — Foreign Relations and Intercourse·Ch. 52 — FOREIGN SERVICE·Subch. VIII·Pt. I

The Secretary of the Treasury shall invest from time to time in interest-bearing securities of the United States such portions of the Fund as in the judgment of the Secretary of the Treasury may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances. The income derived from such investments shall constitute a part of the Fund.

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History

(Pub. L. 96–465, title I, §819, Oct. 17, 1980, 94 Stat. 2120.)