§ 5504. Administration of trust funds

Statutory text

All cash balances in the personal funds of patients and the funds due incompetent beneficiaries trust funds administered by the Secretary, and all moneys received which are properly for deposit into these funds, may be deposited, respectively, into deposit fund accounts with the United States Treasury and such balances and deposits shall thereupon be available for disbursement for properly authorized purposes. When any balances have been on deposit with the Treasurer of the United States for more than one year and represent moneys belonging to individuals whose whereabouts are unknown, they shall be transferred and disposed of as directed in section 1322(a) of title 31.

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.

1958
Pub. L. 85–857 · 72 Stat. 1105
Enacted · 38 U.S.C. § 5504
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1235, § 3204
Source evidence
Code source credit
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1235, § 3204
1982
Pub. L. 97–258 § 3(k)(5) · 96 Stat. 1065
Substituted · 38 U.S.C. § 5504
Pub. L. 97–258 substituted “section 1322(a) of title 31” for “the last proviso of subsection (a) of section 725s of title 31”
Source evidence
Code amendment note
Pub. L. 97–258 substituted “section 1322(a) of title 31” for “the last proviso of subsection (a) of section 725s of title 31”.
1991
Department of Veterans Affairs Health-Care Personnel Act of 1991
Pub. L. 102–40 title IV § 402(b)(1) · 105 Stat. 187
Changed · 38 U.S.C. § 5504
Pub. L. 102–40 renumbered section 3204 of this title as this section
Source evidence
Code amendment note
Pub. L. 102–40 renumbered section 3204 of this title as this section.
Enacted provision · exact public law section
(1) Each section contained in any of chapters 51, 53, 55, 57, 59, 61, 71, 72, 76, 78 (as redesignated by subsection (a)), 81, 83, and 85 is redesignated so that the first two digits of the section number of that section are the same as the chapter number of the chapter containing that section.
1991
Pub. L. 102–83 § 4(a)(1) · 105 Stat. 378
Substituted · 38 U.S.C. § 5504
Pub. L. 102–83 substituted “administered by the Secretary” for “administered by the Veterans’ Administration”
Target inherited from the preceding amendment note.
Source evidence
Code amendment note
Pub. L. 102–83 substituted “administered by the Secretary” for “administered by the Veterans’ Administration”.
Enacted provision · exact public law section
(1) Title 38 is amended by striking out “administered by the Veterans’ Administration” each place it appears and inserting in lieu thereof “administered by the Secretary”.

2 of 4 references resolved to an enrolled provision · 2 partial

Editorial Notes

Amendments1982–1991 · 2 rounds

1991

Pub. L. 102–40 renumbered section 3204 of this title as this section.

Pub. L. 102–83 substituted “administered by the Secretary” for “administered by the Veterans’ Administration”.

1982

Pub. L. 97–258 substituted “section 1322(a) of title 31” for “the last proviso of subsection (a) of section 725s of title 31”.

Credits

1958–1991 · 4 acts

1958Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1235, § 3204
1982Pub. L. 97–258, § 3(k)(5), Sept. 13, 1982, 96 Stat. 1065
1991renumbered § 5504, Pub. L. 102–40, title IV, § 402(b)(1), May 7, 1991, 105 Stat. 238
1991Pub. L. 102–83, § 4(a)(1), Aug. 6, 1991, 105 Stat. 403.

Show as published

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1235, § 3204; Pub. L. 97–258, § 3(k)(5), Sept. 13, 1982, 96 Stat. 1065; renumbered § 5504, Pub. L. 102–40, title IV, § 402(b)(1), May 7, 1991, 105 Stat. 238; Pub. L. 102–83, § 4(a)(1), Aug. 6, 1991, 105 Stat. 403.)