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12 U.S.C. § 1723b

Investment of funds

United States · Title 12 — BANKS AND BANKING · Status: effective

Banking, Finance & Insurance
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12 U.S.C. § 1723b, Investment of funds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437796
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Moneys of the Association not invested in mortgages or other security holdings or in operating facilities shall be kept in cash on hand or on deposit, or invested in obligations of the United States or guaranteed thereby, or in obligations, participations, or other instruments which are lawful investments for fiduciary, trust, or public funds.

Legislative history

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