15 USC § 1524 - Investment and reinvestments of moneys; credit and disbursement of interest

---
identifier: "/us/usc/t15/s1524"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 1524 - Investment and reinvestments of moneys; credit and disbursement of interest"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "1524"
section_name: "Investment and reinvestments of moneys; credit and disbursement of interest"
chapter_number: 40
chapter_name: "DEPARTMENT OF COMMERCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 88–611, § 3, Oct. 2, 1964, 78 Stat. 991.)"
---


# § 1524. Investment and reinvestments of moneys; credit and disbursement of interest

section 1522 of this title

Upon the request of the Secretary of Commerce, the Secretary of the Treasury may invest and reinvest in securities of the United States or in securities guaranteed as to principal and interest by the United States any moneys contained in the fund authorized herein. Income accruing from such securities, and from any other property accepted pursuant to , shall be deposited to the credit of the fund authorized herein, and shall be disbursed upon order of the Secretary of Commerce.

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**Source Credit**: (Pub. L. 88–611, § 3, Oct. 2, 1964, 78 Stat. 991.)

## Editorial Notes

### Codification

Section was formerly classified to  prior to the general revision and enactment of Title 5, Government Organization and Employees, by , , .