15-U.S.C.-1524

§1524 – Investment and Reinvestments of Moneys; Credit and Disbursement of Interest

Pathway

Title 15 > Chapter 40 > Section 1524

Details

• Reference: Section 1524
• Legend: §1524 – Investment and Reinvestments of Moneys; Credit and Disbursement of Interest
• USCode Year: 2013

Provision Content

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.

U.S. Encyclopedia of Law Coverage

15-U.S.C.-1515 in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-1515, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

Topic Map

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