2014 US Code
Title 20 - Education (Sections 1 - 10013)
Chapter 63 - Eisenhower Exchange Fellowship Program (Sections 5201 - 5207)
Sec. 5203 - Expenditure and audit of trust fund

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 2, Title 20 - EDUCATION
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 20 - EDUCATION
CHAPTER 63 - EISENHOWER EXCHANGE FELLOWSHIP PROGRAM
Sec. 5203 - Expenditure and audit of trust fund
Containssection 5203
Date2014
Laws In Effect As Of DateJanuary 5, 2015
Positive LawNo
Dispositionstandard
Source CreditPub. L. 101-454, §4, Oct. 24, 1990, 104 Stat. 1064; Pub. L. 108-271, §8(b), July 7, 2004, 118 Stat. 814.
Statutes at Large References104 Stat. 1064
110 Stat. 1321, 1327
118 Stat. 814
Public and Private LawsPublic Law 101-454, Public Law 104-134, Public Law 104-140, Public Law 108-271

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20 U.S.C. § 5203 (2014)
§5203. Expenditure and audit of trust fund(a) Authorization of funding

For each fiscal year, there is authorized to be appropriated from the fund to Eisenhower Exchange Fellowships, Incorporated, the interest and earnings of the fund.

(b) Access to books, records, etc., by Government Accountability Office

The activities of Eisenhower Exchange Fellowships, Incorporated, may be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, and files and all other papers, things, or property belonging to or in use by Eisenhower Exchange Fellowships, Incorporated, pertaining to such activities and necessary to facilitate the audit.

(Pub. L. 101–454, §4, Oct. 24, 1990, 104 Stat. 1064; Pub. L. 108–271, §8(b), July 7, 2004, 118 Stat. 814.)

AMENDMENTS

2004—Subsec. (b). Pub. L. 108–271 substituted "Government Accountability Office" for "General Accounting Office" in heading and in two places in text.

USE OF EARNED UNUSED TRUST INCOME FOR FELLOWSHIP PURPOSES

Pub. L. 104–134, title I, §101[(a)] [title IV, §407], Apr. 26, 1996, 110 Stat. 1321, 1321–45; renumbered title I, Pub. L. 104–140, §1(a), May 2, 1996, 110 Stat. 1327, provided in part that: "notwithstanding any other provision of law, Eisenhower Exchange Fellowships, Incorporated, may use one-third of any earned but unused trust income from the period 1992 through 1995 for Fellowship purposes in each of fiscal years 1996 through 1998."

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