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20 U.S.C. § 57 — Disbursements

submitted date unrecorded by Congress to r/title-20-EDUCATION · 130 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law lets the Smithsonian's Board of Regents get money to pay its debts and contracts. The Board certifies the amount needed to the chancellor and secretary, who approve it for Treasury payment. The Board must also report yearly to Congress on its operations and finances.

This section explains how the Smithsonian Institution gets money to pay its bills. Whenever money is needed to pay the Institution's debts, fulfill its contracts, make purchases, or carry out activities authorized under sections 41 to 46, 48, 50, 51 to 53, 54 to 57, and 67 of this title, the Board of Regents (or its executive committee) can certify to the chancellor and secretary of the board that a specific sum is needed. The chancellor and secretary then review the request, and if they approve it, they certify it to the proper Treasury officer, who makes the payment. The Board must also give Congress a report at every session, covering the Institution's operations, expenditures, and overall condition.
the actual law source: uscode.house.gov ↗public domain

Whenever money is required for the payment of the debts or performance of the contracts of the institution, incurred or entered into in conformity with the provisions of sections 41 to 46, 48, 50, 51 to 53, 54 to 57, and 67 of this title, or for making the purchases and executing the objects authorized by said sections, the Board of Regents, or the executive committee thereof, may certify to the chancellor and secretary of the board that such sum of money is required, whereupon they shall examine the same, and, if they shall approve thereof, shall certify the same to the proper officer of the Treasury for payment. The board shall submit to Congress, at each session thereof, a report of the operations, expenditures, and condition of the institution.

Source credit: (R.S. § 5593.)

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