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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 1524 Investment and reinvestments of moneys; credit and disbursement of interest us united_states_code code_section 15 COMMERCE AND TRADE 40 DEPARTMENT OF COMMERCE 1524 15 U.S.C. § 1524 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s1524 data/legal/raw/us/code/title-15/usc15.xml e9bb081c02a06c4cd99c079faf54c96e360413bdae2e4893cafe638e73a7243d 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 fb0d04b45bb30dfc610b6307b12ba92dd9930941f42e825183e3b69cae79c496 2026-07-04 official
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15 U.S.C. § 1524 - Investment and reinvestments of moneys; credit and disbursement of interest

Text

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. 88611, § 3, Oct. 2, 1964, 78 Stat. 991.)

Notes

Editorial Notes

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. 89554, § 1, Sept. 6, 1966, 80 Stat. 378.