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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. § 10784 Commingling of funds us united_states_code code_section 20 EDUCATION 28 HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE 10784 20 U.S.C. § 10784 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/s10784 data/legal/raw/us/code/title-20/usc20.xml 5e493130f906cbd82da8a1d45e174c8ccdc286ce20f4becf53c58c6dcd62b232 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 3c0769d6326816cab15718ecf7e5e871be9b9226f4a53331096941ba5ad6733e 2026-07-04 official
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20 U.S.C. § 10784 - Commingling of funds

Text

Notwithstanding any other provision of this part regarding permissible uses of funds from any source, funds received by a guaranty agency under any provision of this part may be commingled with funds received under any other provision of this part and may be used to carry out the purposes of such other provision, except that—

(1) the total amount expended for the purposes of such other provision shall not exceed the amount the guaranty agency would otherwise be authorized to expend; and

(2) the authority to commingle such funds shall not relieve such agency of any accounting or auditing obligations under this part.

(Pub. L. 89329, title IV, § 428D, as added Pub. L. 99498, title IV, § 402(a), Oct. 17, 1986, 100 Stat. 1393.)