20 U.S. Code § 5607a - Environmental Dispute Resolution Fund
The Foundation shall expend from the Fund such sums as the Board determines are necessary to establish and operate the Institute, including such amounts as are necessary for salaries, administration, the provision of mediation and other services, and such other expenses as the Board determines are necessary, including not to exceed $1,000 annually for official reception and representation expenses.
The Fund shall be maintained separately from the Trust Fund established under section 5606 of this title.
The Secretary of the Treasury shall invest such portion of the Fund as is not, in the judgment of the Secretary, required to meet current withdrawals.
Investments may be made only in interest-bearing obligations of the United States.
Any obligation acquired by the Fund may be sold by the Secretary of the Treasury at the market price.
1998—Subsec. (b). Pub. L. 105–277 inserted before period at end “, including not to exceed $1,000 annually for official reception and representation expenses”.
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