50-U.S.C.-2092
§2092 – Investment of Moneys In Fund
Pathway
Title 50 > Chapter 38 > Subchapter II > Part G > Section 2092
Details
- Reference: Section 2092
- Legend: §2092 – Investment of Moneys In Fund
- USCode Year: 2012
Provision Content
The Director may, with the approval of the Secretary of the Treasury, invest from time to time in interest-bearing securities of the United States such portions of the fund as in the Directors judgment may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances from the fund. The income derived from such investments shall be credited to and constitute a part of the fund.
(Pub. L. 88–643, title II, §262, as added Pub. L. 102–496, title VIII, §802, Oct. 24, 1992, 106 Stat. 3235.)
Prior Provisions
A prior section 262 of Pub. L. 88–643, title II, Oct. 13, 1964, 78 Stat. 1052, related to investment of moneys in the fund and was set out as a note under section 403 of this title prior to the general amendment of Pub. L. 88–643 by section 802 of Pub. L. 102–496.
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