15 U.S.C. · Commerce and Trade
15 U.S.C. § 1524

Investment and reinvestments of moneys; credit and disbursement of interest

Ch. 40 — DEPARTMENT OF COMMERCE
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 40
Statutory Text

15 U.S.C. § 1524 — Investment and reinvestments of moneys; credit and disbursement of interest

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 40 - DEPARTMENT OF COMMERCE Sec. 1524 - Investment and reinvestments of moneys; credit and disbursement of interest From the U.S. Government Publishing Office, www.gpo.gov

§1524. Investment and reinvestments of moneys; credit and disbursement of interest

Upon the request of the Secretary of Commerce, the Secretary of the Treasury may invest and reinvest in securities of the United States or in securities guaranteed as to principal and interest by the United States any moneys contained in the fund authorized herein. Income accruing from such securities, and from any other property accepted pursuant to section 1522 of this title, shall be deposited to the credit of the fund authorized herein, and shall be disbursed upon order of the Secretary of Commerce.

(Pub. L. 88–611, §3, Oct. 2, 1964, 78 Stat. 991.)

Editorial Notes

Codification Section was formerly classified to section 608c of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 1524 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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