---
kind: "section"
citation: "12 U.S.C. § 4711"
title: "12"
title_heading: "Banks and Banking"
number: "4711"
heading: "Investment of receipts and proceeds"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4711"
units:
  - "Chapter 47 — Community Development Banking"
  - "Subchapter I — Community Development Banking and Financial Institutions"
---

# §4711. Investment of receipts and proceeds

- (a) **Establishment of account—** Any dividends on equity investments and proceeds from the disposition of investments, deposits, or [credit](/usc/12/5481.md?p=7) union shares that are received by the [Fund](/usc/12/4702.md?p=10) as a result of assistance provided pursuant to section [4707](/usc/12/4707.md) or [4712](/usc/12/4712.md) of this title, and any fees received pursuant to [section 4708(f) of this title](/usc/12/4708.md?p=f) shall be deposited and accredited to an account of the [Fund](/usc/12/4702.md?p=10) in the United States Treasury (hereafter in this section referred to as “the account”) established to carry out the purpose of this subchapter.
- (b) **Investments—** Upon request of the [Administrator](/usc/12/4702.md?p=1), the [Secretary](/usc/12/1715z–22a.md?p=4) of the Treasury shall [invest](/usc/12/1861.md?p=b-6) amounts deposited in the account in public debt securities with maturities suitable to the needs of the [Fund](/usc/12/4702.md?p=10), as determined by the [Administrator](/usc/12/4702.md?p=1), and bearing interest at rates determined by the [Secretary](/usc/12/1715z–22a.md?p=4) of the Treasury, comparable to current market yields on outstanding marketable obligations of the United States of similar maturities.
- (c) **Availability—** Amounts deposited into the account and interest earned on such amounts pursuant to this section shall be available to the [Fund](/usc/12/4702.md?p=10) until expended.

## Source credit

(Pub. L. 103–325, title I, § 112, Sept. 23, 1994, 108 Stat. 2177.)