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20 U.S.C. · Education
20 U.S.C. § 130aa2

Investments

Ch. 8 — HOWARD UNIVERSITY
Title 20 U.S.C. ● ACTIVE Primary Source Ch. 8
Statutory Text

20 U.S.C. § 130aa2 — Investments

U.S.C. Title 20 - EDUCATION 20 U.S.C. United States Code, 2023 Edition Title 20 - EDUCATION CHAPTER 8 - HOWARD UNIVERSITY SUBCHAPTER II - ENDOWMENT Sec. 130aa-2 - Investments From the U.S. Government Publishing Office, www.gpo.gov

§130aa–2. Investments

(a) The University shall invest its endowment fund corpus and endowment fund income in those low-risk instruments and securities in which a regulated insurance company may invest under the law of the District of Columbia, such as federally insured bank savings account or comparable interest bearing account, certificate of deposit, money market fund, mutual fund, or obligations of the United States. (b) The University, in investing its endowment fund corpus and income, shall exercise the judgment and care, under circumstances then prevailing, which a person of prudence, discretion, and intelligence would exercise in the management of his own business affairs.

(Pub. L. 98–480, title II, §204, Oct. 17, 1984, 98 Stat. 2246.)

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-USC20-SEC-7E2978
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
20 U.S.C. § 130aa2
Jurisdiction
Federal — United States
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✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
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ff53cc370d73ade3...
Semantic Edges
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The statutory text of 20 U.S.C. § 130aa2 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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Ch. 8 — HOWARD UNIVERSITY
20 U.S.C. § 12120 U.S.C. § 12220 U.S.C. § 12320 U.S.C. § 12420 U.S.C. § 12520 U.S.C. § 12620 U.S.C. § 12720 U.S.C. § 12820 U.S.C. § 12920 U.S.C. § 13020 U.S.C. § 130a20 U.S.C. § 130aa20 U.S.C. § 130aa120 U.S.C. § 130aa220 U.S.C. § 130aa320 U.S.C. § 130aa420 U.S.C. § 130aa5
20 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 20 → 20 U.S.C. § 130aa2