SECTION  1762 . Treasurer as Custodian of Governmental Funds . — The Insular Treasurer shall receive for safekeeping all funds which by law may be covered into the Insular Treasury or deposited therein, whether revenues and receipts of the Government or trust  and depositary funds either of the Government of the Philippine Islands or of the United States. He shall likewise receive special deposits of money or securities from individuals in connection with or relating to governmental transactions. TaDAIS [1792-11.] SECTION  1763 . Branches of Philippine Treasury in United States . — The Governor-General may in his discretion designate such depositaries of the Philippine Government in the United States as he may deem advisable to be branches of the Philippine Treasury. [2603.] SECTION  1764 . Permanent Record of Financial Transactions of Treasury . — The Insular Treasurer shall keep proper accounts of all financial transactions of his Bureau in permanent books of record, and shall keep a separate set of books dealing with the finan cial operations of the Government in coinage and currency matters and in the administration of the gold-standard fund, including therein detailed statements relating to the issuance and redemption of silver certificates. [938-5, 8; 1792-11.] SECTION  1765 . Investment of Lendable Funds by Insular Treasurer . — The Insular Treasurer shall have administrative control over the loan and investment of such lendable funds in the Insular Treasury as are hereinbelow specified; and with the approval of th e Governor-General, such funds shall be available for investment by him upon deposit at interest with Government depositaries, upon loans (for periods not exceeding ten years in any instance) to provincial and municipal governments for the construction of  public works of a permanent character and for the payment of the provincial or municipal share of the cost of duly authorized cadastral surveys, and generally upon such loans and investments as are authorized for the funds of the Postal Savings Bank. Ta DAIS The following funds are declared to be lendable under the provisions of this section: ( a ) Sinking funds created by Insular appropriation. Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 525