2015 US Code
Title 44 - Public Printing and Documents (Sections 101 - 4104)
Chapter 23 - National Archives Trust Fund Board (Sections 2301 - 2308)
Sec. 2306 - Investment of funds

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 44 - PUBLIC PRINTING AND DOCUMENTS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 44 - PUBLIC PRINTING AND DOCUMENTS
CHAPTER 23 - NATIONAL ARCHIVES TRUST FUND BOARD
Sec. 2306 - Investment of funds
Containssection 2306
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawYes
Dispositionstandard
Source CreditPub. L. 90-620, Oct. 22, 1968, 82 Stat. 1292.
Statutes at Large References55 Stat. 581
82 Stat. 1292
Public and Private LawsPublic Law 90-620

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44 U.S.C. § 2306 (2015)
§2306. Investment of funds

The Secretary of the Treasury shall receipt for moneys or securities composing trust funds given or bequeathed to the Board and shall invest, reinvest, and retain the moneys or securities as the Board from time to time determines. The Board may not engage in business or exercise a voting privilege which may be incidental to securities in such trust funds, nor may the Secretary of the Treasury make investments for the account of the Board which could not lawfully be made by a trust company in the District of Columbia, unless directly authorized by the instrument of gift or bequest under which the funds to be invested are derived, and may retain investments accepted by the Board.

(Pub. L. 90–620, Oct. 22, 1968, 82 Stat. 1292.)

HISTORICAL AND REVISION NOTES

Based on 44 U.S. Code, 1964 ed., §300dd (July 9, 1941, ch. 284, §4, 55 Stat. 581).

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