42 U.S.C. § 11342
Retention of interest earned
- Code
- United States Code
- Title
- 42
- Section
- 11342
- Text current through
- Pub. L. 119-111
What does the statute say?
§ 11342. Retention of interest earned
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.
(Pub. L. 100–77, title III, § 312, July 22, 1987, 101 Stat. 492.)
The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.