Title 44, Public Printing and DocumentsRelease 119-102
§2306 Investment of Funds
Title 44 › CHAPTER 23 — NATIONAL ARCHIVES TRUST FUND BOARD › § 2306
Summary
Treasury must accept money or securities given to the Board as trust funds and invest, reinvest, or hold them as the Board decides. The Board cannot run businesses or vote shares, and Treasury cannot make investments D.C. trust companies could not unless the gift allows it.
Full Legal Text
Title 44, §2306
Public Printing and Documents, Source: USLM XML via OLRC
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.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Based on 44 U.S. Code, 1964 ed., § 300dd (July 9, 1941, ch. 284, § 4, 55 Stat. 581).
Reference
Citations & Metadata
Citation
44 U.S.C. § 2306
Title 44, Public Printing and Documents
Last Updated
Aug 21, 2026
Release point: 119-102