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38 U.S.C. § 7805

U.S. CodeFederalPositive Law
Revolving fund
About This Law
/us/usc/t38/s7805
Title
38 — Veterans’ Benefits
Chapter
PTV/CH78
Release
119-84
Release Date
2026-04-17

Section Text

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The revolving fund shall be deposited in a checking account with the Treasury of the United States. Such amounts thereof as the Secretary may determine to be necessary to establish and maintain operating accounts for the various canteens may be deposited in checking accounts or other interest-bearing accounts in other depositaries selected by the Secretary. (Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1250, § 4205; Pub. L. 100–322, title IV, § 414(a)(1), May 20, 1988, 102 Stat. 549; renumbered § 7805 and amended Pub. L. 102–40, title IV, § 402(a), (b)(1), May 7, 1991, 105 Stat. 238; Pub. L. 102–83, § 4(b)(1), (2)(E), Aug. 6, 1991, 105 Stat. 404, 405.) Editorial Notes Amendments1991—Pub. L. 102–40 renumbered section 4205 of this title as this section. Pub. L. 102–83 substituted “Secretary” for “Administrator” in two places. 1988—Pub. L. 100–322 inserted “or other interest-bearing accounts” after “checking accounts”.

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