20 U.S. Code § 130aa - Definitions

prev | next
§ 130aa.
For purposes of this subchapter—
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;
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;
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;
the term “Secretary” means the Secretary of Education; and
the term “University” means the Howard University established by the Act of March 2, 1867.
(Pub. L. 98–480, title II, § 202, Oct. 17, 1984, 98 Stat. 2245.)
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’.”


LII has no control over and does not endorse any external Internet site that contains links to or references LII.