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Code · STATUTE-COMPILATIONS · Making appropriations for the Department of the Interior and related agencies for the fiscal year ending September 30, 1999, and for other purposes · Sec. 2411

Sec. 2411. RETENTION OF INTEREST

84 words·~1 min read·/statute-compilations/comps-10713/sec-2411

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## SEC. 2411 RETENTION OF INTEREST **[**[22 U.S.C. 4416](/us/usc/t22/s4416)**]** Notwithstanding any other provision of law, with the approval of the National Endowment for Democracy, grant funds made available by the National Endowment for Democracy may be deposited in interest-bearing accounts pending disbursement, and any interest which accrues may be retained by the grantee without returning such interest to the Treasury of the United States and interest earned may be obligated and expended for the purposes for which the grant was made without further appropriation.
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Sec. 2411
RETENTION OF INTEREST
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