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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 20 U.S.C. § 4708 Expenditures from fund us united_states_code code_section 20 EDUCATION 59 BARRY GOLDWATER SCHOLARSHIP AND EXCELLENCE IN EDUCATION PROGRAM 4708 20 U.S.C. § 4708 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc20@119-100.zip /us/usc/t20/s4708 data/legal/raw/us/code/title-20/usc20.xml 3385f53cd7a2ce9734bde55e9d8b726e8acfeedfa49d602b0260527dfb9471a4 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 9937712609a463b3f4a5e48579294d2dad74c60a76f2dea71cdbde53092be071 2026-07-04 official
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20 U.S.C. § 4708 - Expenditures from fund

Text

(a) In general The Secretary of the Treasury may pay to the Foundation from the interest and earnings of the fund such sums as the Board determines are necessary and appropriate to enable the Foundation to carry out the purposes of this chapter.

(b) Audits by GAO The activities of the Foundation under this chapter may be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. Representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, and files and all other papers, things, or property belonging to or in use by the Foundation pertaining to such activities and necessary to facilitate the audit.

(Pub. L. 99661, div. A, title XIV, § 1409, Nov. 14, 1986, 100 Stat. 4011; Pub. L. 108271, § 8(b), July 7, 2004, 118 Stat. 814.)

Notes

Editorial Notes

Amendments2004—Subsec. (b). Pub. L. 108271 substituted “Government Accountability Office” for “General Accounting Office” in two places.