12 U.S.C. § 1723c : US Code - Section 1723C: Obligations, participations, or other instruments as lawful investments; acceptance as security; exempt securities

Search 12 U.S.C. § 1723c : US Code - Section 1723C: Obligations, participations, or other instruments as lawful investments; acceptance as security; exempt securities

All obligations, participations, or other instruments issued by
either of the bodies corporate named in section 1717(a)(2) of this
title shall be lawful investments, and may be accepted as security
for all fiduciary, trust, and public funds, the investment or
deposit of which shall be under the authority and control of the
United States or any officer or officers thereof. All stock,
obligations, securities, participations, or other instruments
issued pursuant to this subchapter shall, to the same extent as
securities which are direct obligations of or obligations
guaranteed as to principal or interest by the United States, be
deemed to be exempt securities within the meaning of laws
administered by the Securities and Exchange Commission.