§ 158a. Temporary possession of gifts of money or securities to Library of Congress; investment

§ 158a. Temporary possession of gifts of money or securities to Library of Congress; investment

(1) a gift of securities may not be invested or reinvested; and

(2) any investment or reinvestment of a gift of money shall be made in an interest bearing obligation of the United States or an obligation guaranteed as to principal and interest by the United States.

(Mar. 3, 1925, ch. 423, § 2 (par.), as added Pub. L. 102–246, § 3, Feb. 18, 1992, 106 Stat. 31.)

Editorial Notes

Codification

Section is comprised of fourth par. of section 2 of act Mar. 3, 1925, as added by Pub. L. 102–246. First, second, and third pars. of section 2 are classified to sections 156, 157, and 158 of this title, respectively.