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2017 US Code
Title 20 - Education
Chapter 8 - Howard University
Subchapter II - Endowment
Sec. 130aa - Definitions

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Citation 20 U.S.C. § 130aa (2017)
Section Name §130aa. Definitions
Section Text

For purposes of this subchapter—

(1) the term "endowment fund" means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate;

(2) the term "endowment fund corpus" means an amount equal to the grants awarded under this subchapter plus an amount equal to such grants provided by Howard University;

(3) the term "endowment fund income" means an amount equal to the total value of the endowment fund established under this subchapter minus the endowment fund corpus;

(4) the term "Secretary" means the Secretary of Education; and

(5) the term "University" means the Howard University established by the Act of March 2, 1867.
Source Credit

(Pub. L. 98–480, title II, §202, Oct. 17, 1984, 98 Stat. 2245.)
Editorial Notes REFERENCES IN TEXT

Act of March 2, 1867, referred to in par. (5), is act Mar. 2, 1867, ch. 162, 14 Stat. 438, as amended. Section 8 of this Act is classified to section 123 of this title. For complete classification of this Act to the Code, see Tables.

EFFECTIVE DATE

Pub. L. 98–480, title II, §209, Oct. 17, 1984, 98 Stat. 2247, provided that: "This title [see Short Title note below] shall take effect on October 1, 1984."

SHORT TITLE

Pub. L. 98–480, title II, §201, Oct. 17, 1984, 98 Stat. 2245, provided that: "This title [enacting this subchapter, amending section 123 of this title, and enacting provisions set out as a note above] may be cited as the 'Howard University Endowment Act'."
Publication Title United States Code, 2012 Edition, Supplement 5, Title 20 - EDUCATION
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 20 - EDUCATION
CHAPTER 8 - HOWARD UNIVERSITY
SUBCHAPTER II - ENDOWMENT
Sec. 130aa - Definitions
Contains section 130aa
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Short Titles 'Howard University Endowment Act'."
Statutes at Large References 14 Stat. 438
98 Stat. 2245, 2247
Public Law References Public Law 98-480
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