 | United States - 1927 - 276 pages
...It shall be the duty of the Secretary of the Treasury to invest such portion of the Trust Fund as ia not, in his judgment, required to meet current withdrawals....United States or in obligations guaranteed as to both prinHIGHWAYS 23 ยง 120 clpal une! interest by the United States. For such purpose such obligations... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1937 - 196 pages
...the payment of annuities, pensions, and death benefits in accordance with the provisions of this Act in interest-bearing obligations of the United States...For such purpose such obligations may be acquired on original issue at par or by purchase of outstanding obligations at the market price. The purposes... | |
 | United States. Congress. House. Committee on Interstate and Foreign Commerce - 1937 - 162 pages
...the payment of annuities, pensions, and death benefits in accordance with the provisions of this Act in interest-bearing obligations of the United States...For such purpose such obligations may be acquired on original issue at par or by purchase of outstanding obligations at the market price. The purposes... | |
 | United States. Congress. House. Committee on Interstate and Foreign Commerce - 1937 - 168 pages
...the payment of annuities, pensions, and death benefits in accordance with the provisions of this Act in interest-bearing obligations of the United States...For such purpose such obligations may be acquired on original issue at par or by purchase of outstanding obligations at the market price. The purposes... | |
 | United States. Congress. House. Committee on Appropriations - 1937 - 716 pages
...death benefits in accordance with the provisions of this Act and the Railroad Retirement Act of 1935 in interest-bearing obligations of the United States...For such purpose such obligations may be acquired on original issue at par or by purchase of outstanding obligations at the market price. The purposes... | |
 | United States. Congress. Senate. Committee on Appropriations - 1938 - 896 pages
...language: It shall ln> the duty of the Secretary of the Treasury to invest such portion of the amounts as is not in his judgment, required to meet current...interest-bearing obligations of the United States or iu obligations guaranteed as to both principal and interest by the United States. For such purposes... | |
 | United States. Congress. House. Committee on Ways and Means - 1939 - 946 pages
...credited to the Account as is not, in his judgment, required to meet current withdrawals. Such investment may be made only in interest-bearing obligations of...both principal and interest by the United States. Dr. STUDENSKI. Yes. Mr. McCoRMACK. That, of course, means the reserve fund, and current withdrawals... | |
 | United States - 1971 - 1240 pages
...is made. (d) It shall be the duty of the Managing Trustee to invest such portion of the Trust Funds as is not, in his judgment, required to meet current...obligations may be acquired (1) on original issue at the issue price, or (2) by purchase of outstanding obligations at the market price. The purposes for... | |
 | United States - 1965 - 986 pages
...portion of the Fund as is not, in his judgment, required to meet current withdrawals. Such investment may be made only in interestbearing obligations of...obligations may be acquired (1) on original issue at the issue price, or (2) by purchase of outstanding obligations at the market price. The purposes for... | |
 | United States - 1995 - 1168 pages
...Treasury shall invest in full the amount in the Fund that is not immediately necessary for expenditure. Such investments may be made only in interest-bearing...For such purpose, such obligations may be acquired on original issue at the issue price or by purchase of outstanding obligations at the market price.... | |
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Fund as is not, in his judgment, required to meet current withdrawals. Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States. 
