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10 U.S.C. · Armed Forces
10 U.S.C. § 1117

Investment of assets of Fund

Ch. 56 — DEPARTMENT OF DEFENSE MEDICARE-ELIGIBLE RETIREE HEALTH CARE FUND
Title 10 U.S.C. ● ACTIVE Primary Source Ch. 56
Statutory Text

10 U.S.C. § 1117 — Investment of assets of Fund

U.S.C. Title 10 - ARMED FORCES 10 U.S.C. United States Code, 2023 Edition Title 10 - ARMED FORCES Subtitle A - General Military Law PART II - PERSONNEL CHAPTER 56 - DEPARTMENT OF DEFENSE MEDICARE-ELIGIBLE RETIREE HEALTH CARE FUND Sec. 1117 - Investment of assets of Fund From the U.S. Government Publishing Office, www.gpo.gov

§1117. Investment of assets of Fund

The Secretary of the Treasury shall invest such portion of the Fund as is not in the judgment of the Secretary of Defense required to meet current withdrawals. Such investments shall be in public debt securities with maturities suitable to the needs of the Fund, as determined by the Secretary of Defense, and bearing interest at rates determined by the Secretary of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturities. The income on such investments shall be credited to and form a part of the Fund.

(Added Pub. L. 106–398, §1 [[div. A], title VII, §713(a)(1)], Oct. 30, 2000, 114 Stat. 1654, 1654A–184.)

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC10-SEC-9E8570
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
10 U.S.C. § 1117
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
a54c384b3ad691cf...
Semantic Edges
Pending — corpus passes queued
The statutory text of 10 U.S.C. § 1117 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 10 U.S.C. § 1116 10 U.S.C. § 1121 →
Ch. 56 — DEPARTMENT OF DEFENSE MEDICARE-ELIGIBLE RETIREE HEALTH CARE FUND
10 U.S.C. § 111110 U.S.C. § 111210 U.S.C. § 111310 U.S.C. § 111410 U.S.C. § 111510 U.S.C. § 111610 U.S.C. § 1117
10 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 10 → 10 U.S.C. § 1117