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12 U.S.C. § 2157 — Bonds as investments

submitted 55 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 34 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.

Source credit: (Pub. L. 92–181, title IV, § 4.6, Dec. 10, 1971, 85 Stat. 612.)

history & why it existsrecord from the source credit
  • 1971Enacted · Pub. L. 92-181 · 85 Stat. 612

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1971-12-10.

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