Lyndon B. Johnson photo

Executive Order 11298—Prescribing the Interest Rate For Deposit of Savings of Members of the Uniformed Services

August 14, 1966

By virtue of the authority vested in me by Section 1035 of Title 10 of the United States Code, as amended by the Act of August 14, 1966, I hereby prescribe that amounts deposited by members of the uniformed services under that Section shall accrue interest at the rate of ten percent per annum, compounded quarterly.

This order shall be effective September 1, 1966.

LYNDON B. JOHNSON

The White House

August 14, 1966

NOTE: Executive Order 11298 was not made public in the form of a White House press release.

Lyndon B. Johnson, Executive Order 11298—Prescribing the Interest Rate For Deposit of Savings of Members of the Uniformed Services Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/239276

Simple Search of Our Archives