31 U.S.C. § 9702 — Investment of trust funds
submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 47 words · no verdicts yet
This section governs investment of trust funds. It sets out the requirements, permissions, exceptions, and other rules described below.
Except as required by a treaty of the United States, amounts held in trust by the United States Government (including annual interest earned on the amounts)— (1) must be invested in Government obligations; and (2) must earn interest at an annual rate of at least 5 percent.
Except as required by a treaty of the United States, amounts held in trust by the United States Government (including annual interest earned on the amounts)—
shall be invested in Government obligations; and
shall earn interest at an annual rate of at least 5 percent.
Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1052.)
- 1982Enacted · Pub. L. 97-258 · 96 Stat. 1052
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.
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