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Code · STATUTE-COMPILATIONS · Improving America's Schools Act of 1994 · Sec. 526

Sec. 526. CONTINUING ELIGIBILITY

87 words·~1 min read·/statute-compilations/comps-753/sec-526

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## SEC. 526 CONTINUING ELIGIBILITY **[**[20 U.S.C. 1070 note](/us/usc/t20/s1070)**]** The national organization shall be eligible to continue to use the interest from the endowment fund in accordance with the provisions of this part in the third and each such succeeding fiscal year in which such organization uses such interest only if the local affiliated chapters associated with all area program centers supported under this part distribute to students from low-income families 80 percent of the total amount of funds raised by all such chapters in such year.
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Sec. 526
CONTINUING ELIGIBILITY
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