D.C. Code § 47-133
Investment of funds in federal securities.
On and after June 29, 1956, the Mayor of the District of Columbia is authorized in his discretion to invest and reinvest at any time in United States government securities, with the approval of the Secretary of the Treasury, any part of the general, special, or trust funds of the District of Columbia not needed to meet current expenses, to deposit the interest accruing from such investments to the credit of the fund from which the investment was made, and the Secretary of the Treasury is authorized to sell or exchange such securities for other government securities, and deposit the proceeds to the credit of the appropriate fund.
Source: official DC Code section page (code.dccouncil.gov)
In this chapter (40 sections)
- 47-102 · Total indebtedness not to be increased.
- 47-103 · Appointed officers to give security for intrusted moneys.
- 47-104 · Unlawful diversion of tax money.
- 47-105 · Applicability of antideficiency provisions.
- 47-106 · Appropriations for contingent expenses — Apportionment.
- 47-107 · Appropriations for contingent expenses — Expenditures.
- 47-108 · Repeal of certain federal appropriation provisions.
- 47-109 · Abolishment of certain federal appropriations.
- 47-110 · Continuation of certain federal funds.
- 47-111 · Disbursing Officer; appointment; bond; general powers and…
- 47-112 · Nonliability for overpayments on government bills of lading or…
- 47-113 · Deputy Disbursing Officer and assistant disbursing officers —…
- 47-114 · Deputy Disbursing Officer and assistant disbursing officers —…
- 47-115 · Deputy Disbursing Officer and assistant disbursing officers —…
- 47-116 · Suspension of items in Disbursing Officer’s accounts.
- 47-119 · Independent annual audit.
- 47-120 · Liability of Auditor or employees.
- 47-121 · Enforcement of liability of persons certifying vouchers.
- 47-122 · Checks to be countersigned.
- 47-123 · Chief Clerk of Auditor’s office.
- 47-124 · Accounts auditable by Auditor.
- 47-125 · Outstanding checks of Disbursing Officer — Amounts to be…
- 47-126 · Outstanding checks of Disbursing Officer — Payment of amounts.
- 47-127 · Payment of fees into Treasury.
- 47-128 · Court fees and fines to be credited to District.
- 47-129 · Revenues credited to General Fund.
- 47-130 · [Reserved].
- 47-131 · Establishment of General Fund and special accounts; audit of…
- 47-132 · Payment into Treasury of moneys received from sales of animals…
- 47-133 · Investment of funds in federal securities.
- 47-134 · Establishment of working fund — Maintenance and repair of…
- 47-135 · Establishment of working fund — Printing, duplicating, and…
- 47-136 · Restoration of lapsed appropriations.
- 47-137 · Capital outlay appropriations.
- 47-138 · Use of appropriated funds to promote demonstrations to…
- 47-139 · Investment of public funds in financial institutions and…
- 47-140 · Notice of required withdrawal or divestiture
- 47-141 · Time required for withdrawal or divestment
- 47-142 · Exception to prohibition
- 47-143 · United States Treasury offset program authorized; setoff of…