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12 U.S.C. § 2277a–11 — Investment of funds

submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 29 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Corporation must invest unused money in United States obligations or obligations guaranteed by the United States as to principal and interest.

Money of the Corporation not otherwise employed must be invested in obligations of the United States or in obligations guaranteed as to principal and interest by the United States.

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

Money of the Corporation not otherwise employed shall be invested in obligations of the United States or in obligations guaranteed as to principal and interest by the United States.

Source credit: (Pub. L. 92–181, title V, § 5.62, as added Pub. L. 100–233, title III, § 302, Jan. 6, 1988, 101 Stat. 1618.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1618

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1988-01-06.

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