United States Code · Section
§ 2510 — The Tribally Controlled Grant School Endowment Program
25 U.S.C. § 2510
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(1) 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.
(2) The school may provide—
(A) 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;
(B) for deposit into the trust fund, any earnings on funds deposited in the fund; and
(C) 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.
(b)
Implementing Regulations
No implementing regulations found.