fund

(1) There is established in the Treasury a loan and loan guarantee fund (hereinafter in this subsection referred to as the “fund”) which shall be available to the Secretary without fiscal year limitation, in such amounts as may be specified from time to time in appropriations Acts— (A) to enable him to make loans under this part, (B) to enable him to discharge his responsibilities under loan guarantees issued by him under this part, (C) for payment of interest under section 300q(a)(2)(B) of this title on loans guaranteed under this part, (D) for repurchase of loans under subsection (c)(3)(B), (E) for payment of interest on loans which are sold and guaranteed, and (F) to enable the Secretary to take the action authorized by subsection (f). There are authorized to be appropriated from time to time such amounts as may be necessary to provide the sums required for the fund. There shall also be deposited in the fund amounts received by the Secretary in connection with loans and loan guarantees under this part and other property or assets derived by him from his operations respecting such loans and loan guarantees, including any money derived from the sale of assets.

Source

42 USC § 300q-2(d)(1)


Scoping language

in this subsection
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