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" 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. "
United States Code - Page 7672
by United States - 1965
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Publication, Issues 1-8; Issues 10-12; Issue 15

Social security - 1936
...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...
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Third Deficiency Appropriation Bill for 1937: Hearing Before the ...

United States. Congress. House. Committee on Appropriations - United States - 1937 - 700 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...
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Retirement System for Interstate Carriers' Employees

United States. Congress. House. Committee on Interstate and Foreign Commerce - Railroads - 1937 - 156 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...
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Retirement System for Interstate Carriers' Employees. Hearing ... on H.R ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1937 - 156 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...
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Retirement System for Interstate Carriers' Employees: Hearing[s] Before the ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - Railroads - 1937 - 156 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...
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Defining and Limiting the Jurisdiction of Courts Sitting in Equity: Hearing ...

United States. Congress. Senate. Committee on the Judiciary - Courts - 1930 - 36 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...
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Social Security in America: The Factual Background of the Social Security ...

United States. Committee on Economic Security, Martha D. Ring, United States. Social Security Board - Child welfare - 1937 - 592 pages
...oldage reserve account which will not be needed for current withdrawals. The funds are to be invested only in interest-bearing obligations of the United...both principal and interest by the United States. For purposes of investment the Secretary of the Treasury may purchase outstanding obligations at the market...
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War Department Civil Appropriation Bill, 1939: Hearings Before the ...

United States. Congress. Senate. Committee on Appropriations - 1938 - 80 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...
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Social Security: Hearings, Feb. 23-24, 27-28, Mar. 1-3, 6-10, 13-18, 1939

United States. Congress. House. Committee on Ways and Means - Insurance, Unemployment - 1939
...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...
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Complete Independence of the Philippine Islands: Hearings ... on S. 1028 ...

United States. Congress. Senate. Committee on Territories and Insular Affairs - 1939 - 375 pages
...1934, under authority of Acts of Congress and, when such bonds are not available, to invest such fund in interest-bearing obligations of the United States...both principal and interest by the United States. Whenever the Secretary of War finds that such fund is in excess of an amount adequate to meet future...
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