20 USC - U.S. Code - Title 20: Education (January 2004)
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MISC
Section, Pub. L. 88-204, Title Iii, Sec. 306, As Added Pub. L.90-575, title IV, Sec. 403, Oct. 16, 1968, 82 Stat. 1060, related to annual interest grants, providing in: subsec. (a) for power of Commissioner; subsec. (b) for maximum period and amount and approval by Secretary; subsec. (c) for authorization of appropriations and limitation on aggregate amount of contracts; subsec. (d) for maximum amount of funds usable in one State; and subsec. (e) certain prerequisites and nature of financing.EFFECTIVE DATE OF REPEAL Repeal effective July 1, 1972, see section 161(b)(3) of Pub. L. 92-318.