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§ 2306. —  Investment of funds.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 44USC2306]

 
                 TITLE 44--PUBLIC PRINTING AND DOCUMENTS
 
             CHAPTER 23--NATIONAL ARCHIVES TRUST FUND BOARD
 
Sec. 2306. Investment of funds

    The Secretary of the Treasury shall receipt for moneys or securities 
composing trust funds given or bequeathed to the Board and shall invest, 
reinvest, and retain the moneys or securities as the Board from time to 
time determines. The Board may not engage in business or exercise a 
voting privilege which may be incidental to securities in such trust 
funds, nor may the Secretary of the Treasury make investments for the 
account of the Board which could not lawfully be made by a trust company 
in the District of Columbia, unless directly authorized by the 
instrument of gift or bequest under which the funds to be invested are 
derived, and may retain investments accepted by the Board.

(Pub. L. 90-620, Oct. 22, 1968, 82 Stat. 1292.)


                      Historical and Revision Notes

    Based on 44 U.S. Code, 1964 ed., Sec. 300dd (July 9, 1941, ch. 284, 
Sec. 4, 55 Stat. 581).



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