B-167006:
Jul 19, 1974
Views were provided as to what constitutes "other safe bonds" as that phrase is used in the First Morrill Act. In an earlier, related decision, GAO noted that the Department of Health, Education, and Welfare (HEW), which administers the First Morrill Act, considered bonds approved for investments by fiduciaries by Rule 23 of the Rules of the U.S. District Court for the District of Columbia to be "...