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20 U.S.C. § 1131eGifts and donations

submitted 34 years ago by Pub. L. 89-329 to r/title-20-EDUCATION · 81 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section authorizes the Institute to accept donated money and property to support fellowships or the Junior Year Abroad Program. It requires separate accounting and reporting.

The Institute is authorized to receive money and other property donated, bequeathed, or devised to the Institute with or without a condition of restriction, to providing financial support for the fellowships or underwriting the cost of the Junior Year Abroad Program. All funds or property given, devised, or bequeathed must be retained in a separate account, and an accounting of those funds and property must be included in the report described in section 1131d of this title .
the actual law source: uscode.house.gov ↗public domain

The Institute is authorized to receive money and other property donated, bequeathed, or devised to the Institute with or without a condition of restriction, for the purpose of providing financial support for the fellowships or underwriting the cost of the Junior Year Abroad Program. All funds or property given, devised, or bequeathed shall be retained in a separate account, and an accounting of those funds and property shall be included in the report described in section 1131d of this title.

Source credit: (Pub. L. 89–329, title VI, § 628, formerly § 626, as added Pub. L. 102–325, title VI, § 601, July 23, 1992, 106 Stat. 736; renumbered § 627, and amended Pub. L. 105–244, title VI, § 603(b)(1), (f), Oct. 7, 1998, 112 Stat. 1783, 1785; renumbered § 628 and amended Pub. L. 110–315, title VI, §§ 617(1), 619, Aug. 14, 2008, 122 Stat. 3341, 3342.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 89-329 · 106 Stat. 736
  • 1998Amended · Pub. L. 105-244 · 112 Stat. 1783, 1785
  • 2008Amended · Pub. L. 110-315 · 122 Stat. 3341, 3342

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-329 on 1992-07-23.

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