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42 U.S.C. § 11342 — Retention of interest earned

submitted 39 years ago by Pub. L. 100-77 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 48 words · no verdicts yet

in plain englishAI-generated · not legal advice

Interest on a National Board grant may be reallocated by the Board. Administrative costs are based on all available funds, including interest and private contributions.

Interest accrued on the balance of any grant to the National Board must be available to the National Board for reallocation, and total administrative costs must be determined based on total amount of funds available, including interest and any private contributions that are made to the National Board.

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

Interest accrued on the balance of any grant to the National Board shall be available to the National Board for reallocation, and total administrative costs shall be determined based on total amount of funds available, including interest and any private contributions that are made to the National Board.

Source credit: (Pub. L. 100–77, title III, § 312, July 22, 1987, 101 Stat. 492.)

history & why it existsrecord from the source credit
  • 1987Enacted · Pub. L. 100-77 · 101 Stat. 492

A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-77 on 1987-07-22.

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