Title 22 — Foreign Relations and Intercourse
Part I · Chapter 52 — Foreign Service
§ 4059. Investment of Fund
Statutory text
The Secretary of the Treasury shall invest from time to time in interest-bearing securities of the United States such portions of the Fund as in the judgment of the Secretary of the Treasury may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances. The income derived from such investments shall constitute a part of the Fund.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 96–465 title I § 819 · 94 Stat. 2071
Enacted · 22 U.S.C. § 4059
(Pub. L. 96–465, title I, § 819, Oct. 17, 1980, 94 Stat. 2120.)
Source evidence
Code source credit
(Pub. L. 96–465, title I, § 819, Oct. 17, 1980, 94 Stat. 2120.)Enacted provision · exact public law section
Sec. 819. Investment of the Fund.— The Secretary of the Treasury shall invest from time to time in interest-bearing securities of the United States such portions of the Fund as in the judgment of the Secretary of the Treasury may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances. The income derived from such investments shall constitute a part of the Fund.
1 of 1 references resolved to an enrolled provision