2017 US Code
Title 44 - Public Printing and Documents
Chapter 23 - National Archives Trust Fund Board
Sec. 2306 - Investment of funds

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Citation 44 U.S.C. § 2306 (2017)
Section Name §2306. Investment of funds
Section Text

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.

Source Credit

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

Editorial Notes HISTORICAL AND REVISION NOTES

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

Publication Title United States Code, 2012 Edition, Supplement 5, Title 44 - PUBLIC PRINTING AND DOCUMENTS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 44 - PUBLIC PRINTING AND DOCUMENTS
CHAPTER 23 - NATIONAL ARCHIVES TRUST FUND BOARD
Sec. 2306 - Investment of funds
Contains section 2306
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law Yes
Disposition standard
Statutes at Large References 55 Stat. 581
82 Stat. 1292
Public Law References Public Law 90-620
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