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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. § 5607 Expenditures and audit of Trust Fund us united_states_code code_section 20 EDUCATION 66 MORRIS K. UDALL AND STEWART L. UDALL FOUNDATION 5607 20 U.S.C. § 5607 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/s5607 data/legal/raw/us/code/title-20/usc20.xml f95946ff05773ae085072201d599fa4e07e3a62ea70289d6215b9297c2f99e50 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 c3a743259002aa28a3b7c753fea1dee9f26d40a951f4e924208e222f00fcaf47 2026-07-04 official
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20 U.S.C. § 5607 - Expenditures and audit of Trust Fund

Text

(a) In general The Foundation shall pay from the interest and earnings of the Trust Fund such sums as the Board determines are necessary and appropriate to enable the Foundation to carry out the provisions of this chapter, including a reasonable amount for official reception and representation expenses, as determined by the Board, not to exceed $5,000 for a fiscal year.

(b) Audit by Government Accountability Office The activities of the Foundation and the Center 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 filed and all other papers, things, or property belonging to or in use by the Foundation and the Center, pertaining to such federally assisted activities and necessary to facilitate the audit.

(Pub. L. 102259, § 9, Mar. 19, 1992, 106 Stat. 83; Pub. L. 105156, § 9(b), Feb. 11, 1998, 112 Stat. 12; Pub. L. 108271, § 8(b), July 7, 2004, 118 Stat. 814; Pub. L. 11190, § 8, Nov. 3, 2009, 123 Stat. 2978.)

Notes

Editorial Notes

Amendments2009—Subsec. (a). Pub. L. 11190 inserted before period at end “, including a reasonable amount for official reception and representation expenses, as determined by the Board, not to exceed $5,000 for a fiscal year”. 2004—Subsec. (b). Pub. L. 108271 substituted “Government Accountability Office” for “General Accounting Office” in heading and in two places in text. 1998—Subsec. (a). Pub. L. 105156 substituted “Trust Fund” for “Fund”.