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20 U.S.C. § 5203

U.S. CodeFederal
Expenditure and audit of trust fund
About This Law
/us/usc/t20/s5203
Title
20 — Education
Chapter
CH63
Release
119-84
Release Date
2026-04-17

Section Text

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(a) Authorization of fundingFor 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 Government Accountability OfficeThe activities of Eisenhower Exchange Fellowships, Incorporated, may be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The representatives of the Government Accountability 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, § 4, Oct. 24, 1990, 104 Stat. 1064; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814.) Editorial Notes Amendments2004—Subsec. (b). Pub. L. 108–271 substituted “Government Accountability Office” for “General Accounting Office” in heading and in two places in text. Statutory Notes and Related Subsidiaries Use of Earned Unused Trust Income for Fellowship PurposesPub. L. 104–134, title I, § 101[(a)] [title IV, § 407], Apr. 26, 1996, 110 Stat. 1321, 1321–45; renumbered title I, Pub. L. 104–140, § 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.”

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