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31 U.S.C. § 1502Balances available

submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 121 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)

The balance of an appropriation or fund limited for obligation to a definite period is available only for payment of expenses properly incurred during the period of availability or to complete contracts properly made within that period of availability and obligated consistent with section 1501 of this title. However, the appropriation or fund is not available for expenditure for a period beyond the period otherwise authorized by law.

(b)

A provision of law requiring that the balance of an appropriation or fund be returned to the general fund of the Treasury at the end of a definite period does not affect the status of lawsuits or rights of action involving the right to an amount payable from the balance.

Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 928.)

history & why it existsrecord from the source credit
  • 1982Enacted · Pub. L. 97-258 · 96 Stat. 928

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.

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