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20 U.S.C. § 130aa — Definitions

Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 130aa — Definitions

For purposes of this subchapter— (1) the term “endowment fund” means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate; (2) the term “endowment fund corpus” means an amount equal to the grants awarded under this subchapter plus an amount equal to such grants provided by Howard University; (3) the term “endowment fund income” means an amount equal to the total value of the endowment fund established under this subchapter minus the endowment fund corpus; (4) the term “Secretary” means the Secretary of Education; and (5) the term “University” means the Howard University established by the Act of March 2, 1867.

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Stable record: federal_law:legal_authorities:record_usc_1bc72f56c92bbaabfdd2b51e
Source file: Laws/federal/codes/united-states-code/title-20/section-130aa-definitions--699bb4a5d4.md
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Source location: Title 20, Chapter 8, § 130aa; chapter-008-howard-university.md

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For purposes of this subchapter— (1) the term “endowment fund” means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate; (2) the term “endowment fund corpus” means an amount equal to the grants awarded under this subchapter plus an amount equal to such grants provided by Howard University; (3) the term “endowment fund income” means an amount equal to the total value of the endowment fund established under this subchapter minus the endowment fund corpus; (4) the term “Secretary” means the Secretary of Education; and (5) the term “University” means the Howard University established by the Act of March 2, 1867.

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 123 — Annual appropriations; inspection by Secretary of Education

Annual appropriations are authorized to aid in the construction, development, improvement, endowment, and maintenance of the university, no part of which shall be used for religious instruction. The university shall at all times be open to inspection by the Secretary of Education and shall be inspected by the said Secretary at least once each year.

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 130aa — Definitions

Page 91 TITLE 20—EDUCATION § 130aa–3 § 130a. Financial and program audit by Secretary Funds appropriated in this Act or subsequent Departments of Labor, Health and Human Serv- ices, and Education, and Related Agencies Ap- propriations Acts to Howard University shall be subject to financial and program audit by the Secretary of Education and the Secretary may withhold all or any portion of these appropria- tions if he determines that an institution has not cooperated fully in the conduct of such au- dits. (Pub. L. 102–394, title III, § 301, Oct. 6, 1992, 106 Stat. 1819.) Editorial Notes CODIFICATION Section is from the Departments of Labor, Health and Human Services, and Education, and Related Agen- cies Appropriations Act, 1993, and contained additional provisions relating to the American Printing House for the Blind, Gallaudet University, and the National Technical Institute for the Deaf, which are set out as sections 106a and 4363 of this title, respectively. SUBCHAPTER II—ENDOWMENT § 130aa. Definitions For purposes of this subchapter— (1) the term ‘‘endowment fund’’ means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate; (2) the term ‘‘endowment fund corpus’’ means an amount equal to the grants awarded under this subchapter plus an amount equal to such grants provided by Howard University; (3) the term ‘‘endowment fund income’’ means an amount equal to the total value of the endowment fund established under this subchapter minus the endowment fund corpus; (4) the term ‘‘Secretary’’ means the Sec- retary of Education; and (5) the term ‘‘University’’ means the Howard University established by the Act of March 2

Source: Supplied 2024 U.S. Code historical extraction · 20 U.S.C. § 130aa

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