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► 20 U.S.C. § 130aa2 20 u.s.c. · howard university · title 20
20 U.S.C. § 130aa2
Investments
Title 20 USC
● ACTIVE
Ch. 8
Jurisdiction Federal — United States
Chapter HOWARD UNIVERSITY
Primary Source uscode.house.gov ↗
Federation ID OM-USC20-SEC-7E2978
► STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 20 - EDUCATION 20 U.S.C. United States Code, 2023 Edition Title 20 - EDUCATION CHAPTER 8 - HOWARD UNIVERSITY SUBCHAPTER II - ENDOWMENT Sec. 130aa-2 - Investments From the U.S. Government Publishing Office, www.gpo.gov

§130aa–2. Investments

(a) The University shall invest its endowment fund corpus and endowment fund income in those low-risk instruments and securities in which a regulated insurance company may invest under the law of the District of Columbia, such as federally insured bank savings account or comparable interest bearing account, certificate of deposit, money market fund, mutual fund, or obligations of the United States. (b) The University, in investing its endowment fund corpus and income, shall exercise the judgment and care, under circumstances then prevailing, which a person of prudence, discretion, and intelligence would exercise in the management of his own business affairs.

(Pub. L. 98–480, title II, §204, Oct. 17, 1984, 98 Stat. 2246.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 20 U.S.C. § 130aa2 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Chapter 8 — HOWARD UNIVERSITY
20 U.S.C. § 12120 U.S.C. § 12220 U.S.C. § 12320 U.S.C. § 12420 U.S.C. § 12520 U.S.C. § 12620 U.S.C. § 12720 U.S.C. § 12820 U.S.C. § 12920 U.S.C. § 13020 U.S.C. § 130a20 U.S.C. § 130aa20 U.S.C. § 130aa120 U.S.C. § 130aa220 U.S.C. § 130aa320 U.S.C. § 130aa420 U.S.C. § 130aa5
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20 U.S.C.
Citation
20 U.S.C. § 130aa2
Status
● ACTIVE
Chapter
8 — HOWARD UNIVERSITY
Title
Education
Jurisdiction
Federal
Federation ID
OM-USC20-SEC-7E2978
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Education — 20 U.S.C. § 130aa2