Divestiture of Stock and Purchase of Government Bonds by an Incoming Secretary of the Treasury
The incoming Secretary of the Treasury may purchase government bonds with the proceeds of a stock sale pursuant to a certificate of divestiture properly issued under 26 U.S.C. § 1043 and without violating the prohibition of 31 U.S.C. § 329, provided that he purchases the bonds after his commis-sion is signed by the President but before he takes the oath of office or enters on his duties as Secretary of the Treasury.