§ 5203. — Expenditure and audit of trust fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 20USC5203]
TITLE 20--EDUCATION
CHAPTER 63--EISENHOWER EXCHANGE FELLOWSHIP PROGRAM
Sec. 5203. Expenditure and audit of trust fund
(a) Authorization of funding
For each fiscal year, there is authorized to be appropriated from
the fund to Eisenhower Exchange Fellowships, Incorporated, the interest
and earnings of the fund.
(b) Access to books, records, etc., by General Accounting Office
The activities of Eisenhower Exchange Fellowships, Incorporated, may
be audited by the General Accounting Office under such rules and
regulations as may be prescribed by the Comptroller General of the
United States. The representatives of the General Accounting Office
shall have access to all books, accounts, records, reports, and files
and all other papers, things, or property belonging to or in use by
Eisenhower Exchange Fellowships, Incorporated, pertaining to such
activities and necessary to facilitate the audit.
(Pub. L. 101-454, Sec. 4, Oct. 24, 1990, 104 Stat. 1064.)
Use of Earned Unused Trust Income for Fellowship Purposes
Pub. L. 104-134, title I, Sec. 101[(a)] [title IV, Sec. 407], Apr.
26, 1996, 110 Stat. 1321, 1321-45; renumbered title I, Pub. L. 104-140,
Sec. 1(a), May 2, 1996, 110 Stat. 1327, provided in part that:
``notwithstanding any other provision of law, Eisenhower Exchange
Fellowships, Incorporated, may use one-third of any earned but unused
trust income from the period 1992 through 1995 for Fellowship purposes
in each of fiscal years 1996 through 1998.''
Section Referred to in Other Sections
This section is referred to in sections 5205, 5206 of this title.
