20 USC 1226 - Sec. 1226a-1. Payments; installments, advances or reimbursement, and adjustments

20 USC - U.S. Code - Title 20: Education (January 2004)


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Text:

Payments pursuant to grants or contracts under any applicable program may be made in installments, and in advance or by way of reimbursement, with necessary adjustments on account of overpayments or underpayments, as the Secretary may determine.


Codification

Section was formerly classified to section 1232d of this title prior to its renumbering by Pub. L. 95-561.

Prior Provisions

A prior section 423 of Pub. L. 90-247 was classified to section 1231b of this title prior to repeal by Pub. L. 103-382. Another prior section 423 of Pub. L. 90-247 was renumbered section 439, and is classified to section 1232b of this title.

AMENDMENTS 1994 - Pub. L. 103-382, Sec. 261(a), substituted "Secretary" for "Commissioner".

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