7 C.F.R. § 1221.115

Investment of funds.

Last amended: 2016Year: 2026Length: 71 wordsOfficial source

Cite as 7 C.F.R. § 1221.115 (2026)

The Board may invest, pending disbursement, funds it receives under this subpart, only in obligations of the United States or any agency of the United States; general obligations of any State or any political subdivision of a State; interest bearing accounts or certificates of deposit of financial institutions that are members of the Federal Reserve system; or obligations that are fully guaranteed as to principal and interest by the United States.
7 C.F.R. § 1221.115: Investment of funds. | Justis AI