2016 US Code
Title 16 - Conservation
Chapter 12G - Pacific Northwest Federal Transmission System
Sec. 838j - Investment of excess moneys; deposit of moneys

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Citation 16 U.S.C. § 838j (2016)
Section Name §838j. Investment of excess moneys; deposit of moneys
Section Text

(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.

Source Credit

(Pub. L. 93–454, §12, Oct. 18, 1974, 88 Stat. 1380.)

Publication Title United States Code, 2012 Edition, Supplement 4, Title 16 - CONSERVATION
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 16 - CONSERVATION
CHAPTER 12G - PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM
Sec. 838j - Investment of excess moneys; deposit of moneys
Contains section 838j
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 88 Stat. 1380
Public Law References Public Law 93-454
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