§ 1723c. Obligations, participations, or other instruments as lawful investments; acceptance as security; exempt securities
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/usc/title-12/section-1723cA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All obligations, participations, or other instruments issued by either of the bodies corporate named in section 1717(a)(2) of this title shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority and control of the United States or any officer or officers thereof. All stock, obligations, securities, participations, or other instruments issued pursuant to this subchapter shall, to the same extent as securities which are direct obligations of or obligations guaranteed as to principal or interest by the United States, be deemed to be exempt securities within the meaning of laws administered by the Securities and Exchange Commission.
(June 27, 1934, ch. 847, title III, § 311, as added Aug. 2, 1954, ch. 649, title II, § 201, 68 Stat. 622; amended Pub. L. 88–560, title VII, § 701(b)(1), Sept. 2, 1964, 78 Stat. 800; Pub. L. 90–448, title VIII, § 802(ff), Aug. 1, 1968, 82 Stat. 542; Pub. L. 98–440, title II, § 213(b), Oct. 3, 1984, 98 Stat. 1698; Pub. L. 102–550, title XIII, § 1381(r), Oct. 28, 1992, 106 Stat. 4001.)
Connections9 cite this · traces to 2
Cited by 9 sections
statutes-at-large
- Public Law 90–448
- Public Law 88–560
- Public Law 102–550To amend and extend certain laws relating to housing and community development, and for other purposes
- Public Law 98–440To amend the Securities Exchange Act of 1934 with respect to the treatment of mortgage backed securities, to increase the authority of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, and for other purposes
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16 references not yet in our index
- June 27, 1934, ch. 847
- Aug. 2, 1954, ch. 649
- 68 Stat. 622
- Pub. L. 88–560, title VII, § 701(b)(1)
- 78 Stat. 800
- Pub. L. 90–448, title VIII, § 802(ff)
- 82 Stat. 542
- Pub. L. 98–440, title II, § 213(b)
- 98 Stat. 1698
- Pub. L. 102–550, title XIII, § 1381(r)
- 106 Stat. 4001
- Pub. L. 102–550
- Pub. L. 98–440
- Pub. L. 90–448
- Pub. L. 88–560
- section 808 of Pub. L. 90–448
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§ 1723c
Obligations, participations, or other instruments as lawful investments; acceptance as security; exempt securities
Fed. Reg.×4
Stat.×4
Stat. Comp.×1
ActJune 27, 1934, ch. 847
ActAug. 2, 1954, ch. 649
Stat.68 Stat. 622
Pub. L.Pub. L. 88–560, title VII, § 701(b)(1)
Stat.78 Stat. 800
Cites 18 · showing 7Cited by 9 across 3 sources