2011 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 54 - PRIVATE ORGANIZATION ASSISTANCE (§§ 4401 - 4416)
Subchapter II - NATIONAL ENDOWMENT FOR DEMOCRACY (§§ 4411 - 4416)
Section 4416 - Retention of interest
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 54 - PRIVATE ORGANIZATION ASSISTANCE SUBCHAPTER II - NATIONAL ENDOWMENT FOR DEMOCRACY Sec. 4416 - Retention of interest |
| Contains | section 4416 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 105-277, div. G, subdiv. B, title XXIV, §2411, Oct. 21, 1998, 112 Stat. 2681-831. |
| Statutes at Large Reference | 112 Stat. 2681-831 |
| Public Law Reference | Public Law 105-277 |
Download PDF
Notwithstanding any other provision of law, with the approval of the National Endowment for Democracy, grant funds made available by the National Endowment for Democracy may be deposited in interest-bearing accounts pending disbursement, and any interest which accrues may be retained by the grantee without returning such interest to the Treasury of the United States and interest earned may be obligated and expended for the purposes for which the grant was made without further appropriation.
(Pub. L. 105–277, div. G, subdiv. B, title XXIV, §2411, Oct. 21, 1998, 112 Stat. 2681–831.)
CodificationSection was enacted as part of the Foreign Relations Authorization Act, Fiscal Years 1998 and 1999, and also as part of the Foreign Affairs Reform and Restructuring Act of 1998 and the Omnibus Consolidated and Emergency Supplemental Appropriations Act, 1999, and not as part of the National Endowment for Democracy Act which comprises this subchapter.
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.
