Sec. 304. compliance with matching requirement
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/statute-compilations/comps-8926/sec-304A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 304 compliance with matching requirement **[**[25 U.S.C. 1834](/us/usc/t25/s1834)**]** For the purpose of complying with the contribution requirement of section 302(b)(2)(B), a tribally controlled college or university may use funds which are available from any private or tribal source. Any real or personal property received by a tribally controlled college or university as a donation or gift on or after the date of the enactment of this sentence may, to the extent of its fair market value as determined by the Secretary, be used by such college or university as its contribution pursuant to section 302(b)(2)(B), or as part of such contribution, as the case may be.
In any case in which any such real or personal property so used is thereafter sold or otherwise disposed of by such college or university, the proceeds therefrom shall be deposited pursuant to section 302(b)(2)(B) but shall not again be considered for Federal capital contribution purposes.
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Sec. 304
compliance with matching requirement
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