Title 15 — Commerce and TradeRelease 119-73
§1524 Investment and reinvestments of moneys; credit and disbursement of interest
Title 15 › Chapter CHAPTER 40— - DEPARTMENT OF COMMERCE › § 1524
Summary
At the Commerce Secretary's request, the Treasury may invest the fund's money in U.S. government or U.S.-guaranteed securities. Income and any accepted property must go back into the fund and be paid out only when the Commerce Secretary orders it.
Full Legal Text
Title 15, §1524
Commerce and Trade — Source: USLM XML via OLRC
Upon the request of the Secretary of Commerce, the Secretary of the Treasury may invest and reinvest in securities of the United States or in securities guaranteed as to principal and interest by the United States any moneys contained in the fund authorized herein. Income accruing from such securities, and from any other property accepted pursuant to section 1522 of this title, shall be deposited to the credit of the fund authorized herein, and shall be disbursed upon order of the Secretary of Commerce.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section was formerly classified to section 608c of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, § 1, Sept. 6, 1966, 80 Stat. 378.
Reference
Citations & Metadata
Citation
15 U.S.C. § 1524
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73