Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
44 lines
2.3 KiB
Markdown
44 lines
2.3 KiB
Markdown
---
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type: "LegalText"
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title: "20 U.S.C. § 74a"
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description: "Permanent loan of funds by Board of Trustees to Treasury; semiannual interest payments to Board"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 20
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title_name: "EDUCATION"
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chapter_number: "3"
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chapter_name: "SMITHSONIAN INSTITUTION, NATIONAL MUSEUMS AND ART GALLERIES"
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section: "74a"
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citation: "20 U.S.C. § 74a"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc20@119-100.zip"
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source_identifier: "/us/usc/t20/s74a"
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source_file: "data/legal/raw/us/code/title-20/usc20.xml"
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source_hash: "bc255959ae653929b7d35a8020fc49fe9ff8d976c4a27c4a30ef3c3072cc2a67"
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raw_snapshot_hash: "6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052"
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text_hash: "1f38458fd6131ea145ea8d3ff25ae9e931f1fc2d87fedee5d21692d96c3a18a8"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 20 U.S.C. § 74a - Permanent loan of funds by Board of Trustees to Treasury; semiannual interest payments to Board
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## Text
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The Secretary of the Treasury is authorized and directed to receive into the Treasury from time to time as a permanent loan by the Board of Trustees of the National Gallery of Art to the United States sums in cash of not to exceed $5,000,000 in the aggregate, and to pay interest on the principal amount of such loan at a rate which is the higher of the rate of 4 per centum per annum or a rate which is .25 percentage points less than a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding long-term marketable obligations of the United States, adjusted to the nearest one-eighth of 1 per centum, payable semiannually. Such interest is permanently appropriated for payment to the Board of Trustees of the National Gallery of Art.
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(Apr. 10, 1943, ch. 46, 57 Stat. 62; Pub. L. 94–418, Sept. 21, 1976, 90 Stat. 1278.)
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## Notes
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Editorial Notes
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Codification Section was not enacted as part of act Mar. 24, 1937, ch. 50, 50 Stat. 51, which comprises this subchapter.
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Amendments1976—Pub. L. 94–418 inserted provision authorizing alternate interest rate to existing interest rate of 4 per centum per annum.
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