42 USC 1592j: Disposition of moneys derived from rentals, operation, and disposition of property
Text contains those laws in effect on December 24, 2024
From Title 42-THE PUBLIC HEALTH AND WELFARECHAPTER 9-HOUSING OF PERSONS ENGAGED IN NATIONAL DEFENSESUBCHAPTER IX-DEFENSE HOUSING AND COMMUNITY FACILITIES AND SERVICES
Jump To: Source Credit
§1592j. Disposition of moneys derived from rentals, operation, and disposition of property
Moneys derived from rentals, operation, or disposition of property acquired or constructed under the provisions of this subchapter shall be available for expenses of operation, maintenance, improvement, and disposition of any such property, including the establishment of necessary reserves therefor and administrative expenses in connection therewith: Provided, That such moneys derived from rentals, operation, or disposition may be deposited in a common fund account or accounts in the Treasury: And provided further, That the moneys in such common fund account or accounts shall not exceed $5,000,000 at any time, and all moneys in excess of such amount shall be covered into miscellaneous receipts.