2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 40 - Department of Commerce (Sections 1501 - 1548)
Sec. 1524 - Investment and reinvestments of moneys; credit and disbursement of interest

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Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 40 - DEPARTMENT OF COMMERCE
Sec. 1524 - Investment and reinvestments of moneys; credit and disbursement of interest
Containssection 1524
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditPub. L. 88-611, §3, Oct. 2, 1964, 78 Stat. 991.
Statutes at Large References78 Stat. 991
80 Stat. 378
Public and Private LawsPublic Law 88-611, Public Law 89-554

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15 U.S.C. § 1524 (2015)

§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.)

CODIFICATION

Section 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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