16 U.S.C. · Conservation
16 U.S.C. § 838j

Investment of excess moneys; deposit of moneys

Ch. 12G — PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM
Title 16 U.S.C. ● ACTIVE Primary Source Ch. 12G
Statutory Text

16 U.S.C. § 838j — Investment of excess moneys; deposit of moneys

U.S.C. Title 16 - CONSERVATION 16 U.S.C. United States Code, 2023 Edition Title 16 - CONSERVATION CHAPTER 12G - PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM Sec. 838j - Investment of excess moneys; deposit of moneys From the U.S. Government Publishing Office, www.gpo.gov

§838j. Investment of excess moneys; deposit of moneys

(a) If the Administrator determines that moneys in the fund are in excess of current needs he may request the investment of such amounts as he deems advisable by the Secretary of the Treasury in direct, general obligations of, or obligations guaranteed as to both principal and interest by, the United States of America. (b) With the approval of the Secretary of the Treasury, the Administrator may deposit moneys of the fund in any Federal Reserve bank or other depository for funds of the United States of America, or in such other banks and financial institutions and under such terms and conditions as the Administrator and the Secretary of the Treasury may mutually agree.

(Pub. L. 93–454, §12, Oct. 18, 1974, 88 Stat. 1380.)

Source: uscode.house.gov — public domain Official Source ↗
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16 U.S.C. § 838j
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The statutory text of 16 U.S.C. § 838j 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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