20 USC § 7223h - Recovery of funds
(a)
In general
(1)
all of the funds in a reserve account established by an eligible entity under section
7223d
(a) of this title if the Secretary determines, not earlier than 2 years after the date on which the eligible entity first received funds under this subpart, that the eligible entity has failed to make substantial progress in carrying out the purposes described in section
7223d
(a) of this title; or
(2)
all or a portion of the funds in a reserve account established by an eligible entity under section
7223d
(a) of this title if the Secretary determines that the eligible entity has permanently ceased to use all or a portion of the funds in such account to accomplish any purpose described in section
7223d
(a) of this title.
(a)
In general
(1)
all of the funds in a reserve account established by an eligible entity under section
7223d
(a) of this title if the Secretary determines, not earlier than 2 years after the date on which the eligible entity first received funds under this subpart, that the eligible entity has failed to make substantial progress in carrying out the purposes described in section
7223d
(a) of this title; or
(2)
all or a portion of the funds in a reserve account established by an eligible entity under section
7223d
(a) of this title if the Secretary determines that the eligible entity has permanently ceased to use all or a portion of the funds in such account to accomplish any purpose described in section
7223d
(a) of this title.
Source
(Pub. L. 89–10, title V, § 5229, as added Pub. L. 107–110, title V, § 501,Jan. 8, 2002, 115 Stat. 1803.)
References in Text
The General Education Provisions Act, referred to in subsec. (d), is title IV of Pub. L. 90–247, Jan. 2, 1968, 81 Stat. 814, as amended. Part D of the Act is classified generally to subchapter IV (§ 1234 et seq.) of chapter
31 of this title. For complete classification of this Act to the Code, see section
1221 of this title and Tables.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, May 21, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
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