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    16 USC Sec. 838j                                             01/26/98

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    TITLE 16 - CONSERVATION


    CHAPTER 12G - PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM

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    Sec. 838j. Investment of excess moneys; deposit of moneys

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      (a) If the Administrator determines that moneys in the fund are


    in excess of current needs he may request the investment of such


    amounts as he deems advisable by the Secretary of the Treasury in


    direct, general obligations of, or obligations guaranteed as to


    both principal and interest by, the United States of America.


      (b) With the approval of the Secretary of the Treasury, the


    Administrator may deposit moneys of the fund in any Federal Reserve


    bank or other depository for funds of the United States of America,


    or in such other banks and financial institutions and under such


    terms and conditions as the Administrator and the Secretary of the


    Treasury may mutually agree.

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    (Pub. L. 93-454, Sec. 12, Oct. 18, 1974, 88 Stat. 1380.)