§ 1467. Investment of assets of Fund

111 words·~1 min read·/usc/title-10/section-1467

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Secretary of the Treasury shall invest such portion of the Fund as is not in the judgment of the Secretary of Defense required to meet current withdrawals. Such investments shall be in public debt securities with maturities suitable to the needs of the Fund, as determined by the Secretary of Defense, and bearing interest at rates determined by the Secretary of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturities. The income on such investments shall be credited to and form a part of the Fund.

(Added Pub. L. 98–94, title IX, § 925(a)(1), Sept. 24, 1983, 97 Stat. 648.)

Connections2 cite this

Cited by 2 sections

U.S. Code

§ 1175
Voluntary separation incentive

statutes-at-large

Public Law 98–94
To authorize appropriations for fiscal year 1984 for the Armed Forces for procurement, for research, development, test, and evaluation, and for operation and maintenance, to prescribe personnel strengths for such fiscal year for the Armed Forces and for civilian employees of the Department of Defens

2 references not yet in our index

Pub. L. 98–94, title IX, § 925(a)(1)
97 Stat. 648

Citation graph

cites case law

§ 1467

Investment of assets of Fund

Stat.×1

U.S.C.×1

Pub. L.Pub. L. 98–94, title IX, § 925(a)(1)

Stat.97 Stat. 648

Cites 2Cited by 2 across 2 sources