US Code
SUBCHAPTER III— NATIONAL MORTGAGE ASSOCIATIONS
§ 1723b. Investment of funds

Moneys of the Association not invested in mortgages or other security holdings or in operating facilities shall be kept in cash on hand or on deposit, or invested in obligations of the United States or guaranteed thereby, or in obligations, participations, or other instruments which are lawful investments for fiduciary, trust, or public funds.

Structure US Code

Title 12— BANKS AND BANKING

CHAPTER 13— NATIONAL HOUSING

SUBCHAPTER III— NATIONAL MORTGAGE ASSOCIATIONS

§ 1716. Declaration of purposes of subchapter

§§ 1716–1, 1716a. Repealed. , title II, § 206,

§ 1716b. Partition of Federal National Mortgage Association into Federal National Mortgage Association and Government National Mortgage Association; assets and liabilities; operations

§ 1717. Federal National Mortgage Association and Government National Mortgage Association

§ 1717a. Prohibition against sale of obligations by Federal departments and agencies after , without compliance with requirements of or without approval by Secretary of the Treasury; exemption

§ 1718. Capitalization of Federal National Mortgage Association

§ 1719. Secondary market operations

§ 1720. Repealed. [title IV, § 483(a)], ,

§ 1721. Management and liquidation functions of Government National Mortgage Association

§ 1722. Benefits and burdens incident to administration of functions and operations under sections 1720 and 1721

§ 1723. Management

§ 1723a. General powers of Government National Mortgage Association and Federal National Mortgage Association

§ 1723b. Investment of funds

§ 1723c. Obligations, participations, or other instruments as lawful investments; acceptance as security; exempt securities

§ 1723d. Transfer of certain functions to Association

§ 1723e. Repealed. [title IV, § 483(a)], ,

§ 1723f. Repealed. , ,

§§ 1723g, 1723h. Repealed. , ,

§ 1723i. Civil money penalties against issuers