Act of June 27, 1934, tit. III, sec. 310 (as amended)
investment of funds
investment of funds
Sec. 310. [12 U.S.C. 1723b] Moneys of the Association not invested in mortgages or other security holdings or in operating facilities shall be kept in cash on hand or on deposit, or invested in obligations of the United States or guaranteed thereby, or in obligations, participations or other instruments which are lawful investments for fiduciary, trust, or public funds.
- Cross-references to the US Code
- 12 U.S.C. 1723b