Us Code § 2234 - Administration of Fund
Full text of Us Code United States Code § 2234 — Administration of Fund, with citation guidance and answers to common questions.
§ 2234. Administration of Fund
(a) Disbursements
Disbursements from the Fund may be made by the Architect of the Capitol, upon recommendation of the Chief Executive Officer.
(b) Investment authority
The Secretary of the Treasury shall invest any portion of the Fund that, as determined by the Architect of the Capitol, upon recommendation of the Chief Executive Officer, is not required to meet current expenses. Each investment shall be made in an interest-bearing obligation of the United States or an obligation guaranteed both as to principal and interest by the United States that, as determined by the Architect of the Capitol, upon recommendation of the Chief Executive Officer, has a maturity date suitable for the purposes of the Fund. The Secretary of the Treasury shall credit interest earned on the obligations to the Fund.
(c) Audit
The Fund shall be subject to audit by the Comptroller General at the discretion of the Comptroller General.
(Pub. L. 110–437, title III, §304, Oct. 20, 2008, 122 Stat. 4990.)
SUBCHAPTER IV—CAPITOL GUIDE SERVICE AND OFFICE OF CONGRESSIONAL ACCESSIBILITY SERVICES
Part A—Capitol Guide Service
About This Section
2 U.S.C. § 2234 is part of Title 2 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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