2009 US Code
Title 15 - COMMERCE AND TRADE
CHAPTER 40 - DEPARTMENT OF COMMERCE
Sec. 1524 - Investment and reinvestments of moneys; credit and disbursement of interest
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 40 - DEPARTMENT OF COMMERCE Sec. 1524 - Investment and reinvestments of moneys; credit and disbursement of interest |
Contains | section 1524 |
Date | 2009 |
Laws in Effect as of Date | February 1, 2010 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 88-611, §3, Oct. 2, 1964, 78 Stat. 991. |
Statutes at Large References | 78 Stat. 991 80 Stat. 378 |
Public Law References | Public Law 88-611, Public Law 89-554 |
§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.)
CodificationSection 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.
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