 | United States - 1927 - 276 lapas
...of the Trust Fund as ia not, in his judgment, required to meet current withdrawals. Such investments may be made only In interest-bearing obligations of...United States or in obligations guaranteed as to both prinHIGHWAYS 23 § 120 clpal une! interest by the United States. For such purpose such obligations... | |
 | United States. Congress. House. Committee on Ways and Means - 1935 - 1178 lapas
...10, where it saysIt shall be the duty of the Secretary of the Treasury to invest as herein provided such portion of the fund as is not, in his judgment, required to meet current withdrawals. Where do you get his right to leave that fund static, because your computations are figured on a 3-percent... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1936 - 88 lapas
...member bank of the Federal Reserve System designated by him for such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion...current withdrawals. Such investment may be made only in interest bearing obligations of the United States or in obligations guaranteed as to both principal... | |
 | 1936 - 1208 lapas
...excess of the amount needed for current withdrawals are invested by the Secretary of the Treasury solely in interest-bearing obligations of the United States...both principal and interest by the United States. These obligations may be acquired (1) on original issues at par, or (2) by purchase of outstanding... | |
 | United States - 1939 - 780 lapas
...member bank of the Federal Reserve System designated by him for such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion...current withdrawals. Such investment may be made only In Interest bearing obligations of the United States or in obligations guaranteed as to both principal... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1937 - 196 lapas
...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 lapas
...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 lapas
...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. House. Committee on Interstate and Foreign Commerce - 1937 - 162 lapas
...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 Internal Revenue Taxation Joint Committee - 1938 - 700 lapas
...member bank of the Federal Reserve System designated by him for such purpose. (b) It shall lie the duty of the Secretary of the Treasury to invest such portion...required to meet current withdrawals. Such Investment may In- made only In Interest bearing obligation* of the United States or In obligations guaranteed as... | |
| |
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. 
