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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 13— NATIONAL HOUSING · SUBCHAPTER III— NATIONAL MORTGAGE ASSOCIATIONS · § 1723b

§ 1723b. Investment of funds

214 words·~1 min read·/usc/title-12/section-1723b

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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.
(June 27, 1934, ch. 847, title III, § 310, as added Aug. 2, 1954, ch. 649, title II, § 201, 68 Stat. 621; amended Pub. L. 86–372, title III, § 305(b), Sept. 23, 1959, 73 Stat. 670; Pub. L. 87–70, title VI, § 603(e), June 30, 1961, 75 Stat. 177; Pub. L. 88–560, title VII, § 701(b)(3), Sept. 2, 1964, 78 Stat. 800.)
Connections4 cite this · traces to 1
12 references not yet in our index
  • June 27, 1934, ch. 847
  • Aug. 2, 1954, ch. 649
  • 68 Stat. 621
  • Pub. L. 86–372, title III, § 305(b)
  • 73 Stat. 670
  • Pub. L. 87–70, title VI, § 603(e)
  • 75 Stat. 177
  • Pub. L. 88–560, title VII, § 701(b)(3)
  • 78 Stat. 800
  • Pub. L. 88–560
  • Pub. L. 87–70
  • Pub. L. 86–372
Citation graph
cites case law
§ 1723b
Investment of funds
Stat.×2
Stat. Comp.×1
U.S.C.×1
ActJune 27, 1934, ch. 847
ActAug. 2, 1954, ch. 649
Stat.68 Stat. 621
Pub. L.Pub. L. 86–372, title III, § 305(b)
Stat.73 Stat. 670
Cites 13 · showing 6Cited by 4 across 3 sources
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