Title 25 — Indians
Chapter 27 — Tribally Controlled School Grants
§ 2510. The tribally controlled grant school endowment program
Statutory text
In general
Establishment
Each school receiving a grant under this chapter may establish, at a federally insured financial institution, a trust fund for the purposes of this section.
Deposits and use
The school may provide—
for deposit into the trust fund, only funds from non-Federal sources, except that the interest on funds received from grants provided under this chapter may be used for that purpose;
for deposit into the trust fund, any earnings on funds deposited in the fund; and
for the sole use of the school any noncash, in-kind contributions of real or personal property, which may at any time be used, sold, or otherwise disposed of.
Interest
Interest from the fund established under subsection (a) may periodically be withdrawn and used, at the discretion of the school, to defray any expenses associated with the operation of the school consistent with the purposes of this Act.1
Footnotes
- 1 See References in Text note below.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Tribally Controlled Schools Act of 1988
Pub. L. 100–297 title V § 5211 · 102 Stat. 130
Enacted · 25 U.S.C. § 2510
(Pub. L. 100–297, title V, § 5211, as added Pub. L. 107–110, title X, § 1043, Jan. 8, 2002, 115 Stat. 2078.)
Source evidence
Code source credit
(Pub. L. 100–297, title V, § 5211, as added Pub. L. 107–110, title X, § 1043, Jan. 8, 2002, 115 Stat. 2078.)Enacted provision · exact public law section
SEC. 5211. REGULATIONS. The Secretary is authorized to issue regulations relating to the discharge of duties specifically assigned to the Secretary by this part. In all other matters relating to the details of planning, development, implementing, and evaluating grants under this part, the Secretary shall not issue regulations. Regulations issued pursuant to this part shall not have the standing of a Federal statute for the purposes of judicial review.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
This Act, referred to in subsec. (b), is Pub. L. 100–297 and probably should be “this part”, meaning part B of title V of Pub. L. 100–297, known as the Tribally Controlled Schools Act of 1988, which is classified generally to this chapter. For complete classification of part B to the Code, see Short Title note set out under section 2501 of this title and Tables.
Prior Provisions
A prior section 2510, Pub. L. 100–297, title V, § 5211, , 102 Stat. 394, related to regulations, prior to repeal by Pub. L. 107–110, title X, § 1043, , 115 Stat. 2063. See section 2509 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective , except with respect to certain noncompetitive programs and competitive programs, see section 5 of Pub. L. 107–110, set out as a note under section 6301 of Title 20, Education.
Credits
(Pub. L. 100–297, title V, § 5211, as added Pub. L. 107–110, title X, § 1043, , 115 Stat. 2078.)