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Current as of January 02, 2025 | Updated by Findlaw Staff
The Board may invest, pending disbursement, funds it receives under this subpart, only in obligations of the United States or any agency of the United States; general obligations of any State or any political subdivision of a State; interest bearing accounts or certificates of deposit of financial institutions that are members of the Federal Reserve system; or obligations that are fully guaranteed as to principal and interest by the United States.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1221.115 Investment of funds - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1221-115/
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