2013 US Code
Title 16 - Conservation
Chapter 83 - CORAL REEF CONSERVATION (§§ 6401 - 6409)
Section 6404 - Coral reef conservation Fund
Publication Title | United States Code, 2012 Edition, Supplement 1, Title 16 - CONSERVATION |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 16 - CONSERVATION CHAPTER 83 - CORAL REEF CONSERVATION Sec. 6404 - Coral reef conservation Fund |
Contains | section 6404 |
Date | 2013 |
Laws in Effect as of Date | January 16, 2014 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 106-562, title II, §205, Dec. 23, 2000, 114 Stat. 2803. |
Statutes at Large Reference | 114 Stat. 2803 |
Public Law References | Public Law 106-562 |
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The Administrator may enter into an agreement with a nonprofit organization that promotes coral reef conservation authorizing such organization to receive, hold, and administer funds received pursuant to this section. The organization shall invest, reinvest, and otherwise administer the funds and maintain such funds and any interest or revenues earned in a separate interest bearing account, hereafter referred to as the Fund, established by such organization solely to support partnerships between the public and private sectors that further the purposes of this chapter and are consistent with the national coral reef action strategy under section 6402 of this title.
(b) Authorization to solicit donationsPursuant to an agreement entered into under subsection (a) of this section, an organization may accept, receive, solicit, hold, administer, and use any gift to further the purposes of this chapter. Any moneys received as a gift shall be deposited and maintained in the Fund established by the organization under subsection (a) of this section.
(c) Review of performanceThe Administrator shall conduct a continuing review of the grant program administered by an organization under this section. Each review shall include a written assessment concerning the extent to which that organization has implemented the goals and requirements of this section and the national coral reef action strategy under section 6402 of this title.
(d) AdministrationUnder an agreement entered into pursuant to subsection (a) of this section, the Administrator may transfer funds appropriated to carry out this chapter to an organization. Amounts received by an organization under this subsection may be used for matching, in whole or in part, contributions (whether in money, services, or property) made to the organization by private persons and State and local government agencies.
(Pub. L. 106–562, title II, §205, Dec. 23, 2000, 114 Stat. 2803.)
REFERENCES IN TEXTThis chapter, referred to in subsec. (a), was in the original "this Act" which was translated as reading "this title", meaning title II of Pub. L. 106–562, to reflect the probable intent of Congress.
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