22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 2396a

Property Management Fund

Ch. 32 — FOREIGN ASSISTANCE
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 32
Statutory Text

22 U.S.C. § 2396a — Property Management Fund

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 32 - FOREIGN ASSISTANCE SUBCHAPTER III - GENERAL AND ADMINISTRATIVE PROVISIONS Part II - Administrative Provisions Sec. 2396a - Property Management Fund From the U.S. Government Publishing Office, www.gpo.gov

§2396a. Property Management Fund

(a) The proceeds of overseas property acquired by the Agency for International Development under the authority of section 2396(c) of this title may be deposited in a separate fund, which shall be known as the Property Management Fund. Such proceeds shall be available for use only for the purposes of section 2396(c) of this title and for maintenance, and shall remain available until expended. The Administrator of the Agency for International Development shall report all uses of funds deposited into the Property Management Fund as part of the annual Congressional Presentation materials submitted by the Agency for International Development. (b) The provisions of subsection (a) shall be applicable to property acquired prior to November 5, 1990, and at any time thereafter.

(Pub. L. 101–513, title V, §585, Nov. 5, 1990, 104 Stat. 2047; Pub. L. 113–76, div. K, title VII, §7034(q), Jan. 17, 2014, 128 Stat. 517.)

Editorial Notes

Codification Section was enacted as part of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991, and not as part of the Foreign Assistance Act of 1961 which comprises this chapter.

Amendments 2014—Subsec. (a). Pub. L. 113–76 inserted "and for maintenance" after "purposes of section 2396(c) of this title".

Source: uscode.house.gov — public domain Official Source ↗
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