2014 US Code
Title 16 - Conservation (Sections 1 - 7304)
Chapter 12G - Pacific Northwest Federal Transmission System (Sections 838 - 838l)
Sec. 838j - Investment of excess moneys; deposit of moneys

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 2, Title 16 - CONSERVATION
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 16 - CONSERVATION
CHAPTER 12G - PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM
Sec. 838j - Investment of excess moneys; deposit of moneys
Containssection 838j
Date2014
Laws In Effect As Of DateJanuary 5, 2015
Positive LawNo
Dispositionstandard
Source CreditPub. L. 93-454, §12, Oct. 18, 1974, 88 Stat. 1380.
Statutes at Large Reference88 Stat. 1380
Public and Private LawPublic Law 93-454

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16 U.S.C. § 838j (2014)
§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.)

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