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12 CFR 1510.6

§ 1510.6 What must the Funding Corporation do with surplus funds?

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 1510.6, § 1510.6 What must the Funding Corporation do with surplus funds?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51191
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If the Funding Corporation has funds that are not needed for current interest payments on obligations, it must invest the funds in obligations of the United States issued by the Secretary, in accordance with an investment policy approved by the Secretary.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.