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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 8579
by United States - 1965
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Informational Service Circular

Social security - 1936 - 1208 pages
...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...obligations may be acquired (1) on original issue at par, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations...
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Regulations 90 Relating to the Excise Tax on Employers Under Title IX of the ...

United States. Bureau of Internal Revenue, United States. Internal Revenue Service - Excise tax - 1936 - 88 pages
...judgment, required to meet current withdrawals. Such investment may be made only in interest bearing obligations of the United States or in obligations...obligations may be acquired (1) on original issue at par, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations...
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Social Security in America: The Factual Background of the Social ..., Issue 20

United States. Committee on Economic Security - Child welfare - 1937 - 638 pages
...credited to the Account as is not, in his Judgment, required to meet current withdrawals. Such investment may be made only in interestbearing obligations of...obligations may be acquired (1) on original issue at par, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations...
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Legislative Calendar, Volume 53, Part 1

United States. Congress. Senate. Committee on Finance - United States - 1939 - 780 pages
...judgment, required to meet current withdrawals. Such investment may be made only in interest bearing obligations of the United States or in obligations...obligations may be acquired (1) on original issue at par, or (2) by purchase of outstanding obligations at the market price. The purposes for which obligations...
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Defining and Limiting the Jurisdiction of Courts Sitting in Equity: Hearing ...

United States. Congress. Senate. Committee on the Judiciary - Courts - 1937 - 196 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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Third Deficiency Appropriation Bill for 1937: Hearing Before the ...

United States. Congress. House. Committee on Appropriations - United States - 1937 - 716 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: Hearing[s] Before the ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - Railroads - 1937 - 168 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 - 162 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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Treasury Department Appropriation Bill for 1939: Hearings ..., Volumes 71-939

United States. Congress. House. Committee on Appropriations - 1938 - 892 pages
...required to meet current withdrawals. Such investments may be made only in interest-bearing olbigations of the United States or in obligations guaranteed...obligations may be acquired (1) on original issue at par, or (2) by purchase of outstanding obligations at the market price. The Social Security Act extended...
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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 - 946 pages
...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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