2009 US Code
Title 10 - ARMED FORCES
Subtitle A - General Military Law
PART II - PERSONNEL
CHAPTER 74 - DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND
Sec. 1467 - Investment of assets of Fund
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 3, Title 10 - ARMED FORCES |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 10 - ARMED FORCES Subtitle A - General Military Law PART II - PERSONNEL CHAPTER 74 - DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND Sec. 1467 - Investment of assets of Fund |
| Contains | section 1467 |
| Date | 2009 |
| Laws in Effect as of Date | February 1, 2010 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Added Pub. L. 98-94, title IX, §925(a)(1), Sept. 24, 1983, 97 Stat. 648. |
| Statutes at Large Reference | 97 Stat. 648 |
| Public Law Reference | Public Law 98-94 |
§1467. 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. 98–94, title IX, §925(a)(1), Sept. 24, 1983, 97 Stat. 648.)
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