For the purpose of complying with the contribution requirement of , 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 , 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 , 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 but shall not again be considered for Federal capital contribution purposes.section 1832(b)(2)(B) of this titlesection 1832(b)(2)(B) of this titlesection 1832(b)(2)(B) of this titleOctober 30, 19901990-10-30
Title 25
25
25 U.S.C. § 1834.Chapter 20
§ 1834
Compliance with matching requirement
Title 25
1 min read
Subchapter: TRIBALLY CONTROLLED COLLEGE OR UNIVERSITY ENDOWMENT PROGRAM
Need the full chapter outline? Open Chapter 20 to browse every section without loading the entire chapter explorer on this page.