---
kind: "section"
citation: "7 C.F.R. § 1221.115"
title: "7"
number: "1221.115"
heading: "Investment of funds."
url: "https://uscodex.org/cfr/7/1221.115"
---

# §1221.115. Investment of funds.


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.


## Notes

### Authority

Authority: 7 U.S.C. 7411-7425 and 7 U.S.C. 7401.

### Source

Source: 73 FR 25407, May 6, 2008, unless otherwise noted.