Title 50 — War and National Defense
Part G · Chapter 38 — Central Intelligence Agency Retirement and Disability
§ 2092. Investment of moneys in fund
Statutory text
The Director may, with the approval of the Secretary of the Treasury, invest from time to time in interest-bearing securities of the United States such portions of the fund as in the Director’s judgment may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances from the fund. The income derived from such investments shall be credited to and 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. 88–643 title II § 262 · 78 Stat. 1043
Enacted · 50 U.S.C. § 2092
(Pub. L. 88–643, title II, § 262, as added Pub. L. 102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat. 3235.)
Source evidence
Code source credit
(Pub. L. 88–643, title II, § 262, as added Pub. L. 102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat. 3235.)Enacted provision · exact public law section
Sec. 262. investment of moneys in the fund The Director may, with the approval of the Secretary of the Treasury, invest from time to time in interest-bearing securities of the United States such portions of the fund as in his judgment may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances, and the income derived from such investments shall constitute a part of such fund.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Prior Provisions
A prior section 262 of Pub. L. 88–643, title II, , 78 Stat. 1052, related to investment of moneys in the fund and was set out as a note under section 403 of this title prior to the general amendment of Pub. L. 88–643 by section 802 of Pub. L. 102–496.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on first day of fourth month beginning after , see section 805 of Pub. L. 102–496, set out as a note under section 2001 of this title.
Credits
(Pub. L. 88–643, title II, § 262, as added Pub. L. 102–496, title VIII, § 802, , 106 Stat. 3235.)