§ 5504. — Administration of trust funds.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 38USC5504]
TITLE 38--VETERANS' BENEFITS
PART IV--GENERAL ADMINISTRATIVE PROVISIONS
CHAPTER 55--MINORS, INCOMPETENTS, AND OTHER WARDS
Sec. 5504. Administration of trust funds
All cash balances in the personal funds of patients and the funds
due incompetent beneficiaries trust funds administered by the Secretary,
and all moneys received which are properly for deposit into these funds,
may be deposited, respectively, into deposit fund accounts with the
United States Treasury and such balances and deposits shall thereupon be
available for disbursement for properly authorized purposes. When any
balances have been on deposit with the Treasurer of the United States
for more than one year and represent moneys belonging to individuals
whose whereabouts are unknown, they shall be transferred and disposed of
as directed in section 1322(a) of title 31.
(Pub. L. 85-857, Sept. 2, 1958, 72 Stat. 1235, Sec. 3204; Pub. L. 97-
258, Sec. 3(k)(5), Sept. 13, 1982, 96 Stat. 1065; renumbered Sec. 5504,
Pub. L. 102-40, title IV, Sec. 402(b)(1), May 7, 1991, 105 Stat. 238;
Pub. L. 102-83, Sec. 4(a)(1), Aug. 6, 1991, 105 Stat. 403.)
Amendments
1991--Pub. L. 102-40 renumbered section 3204 of this title as this
section.
Pub. L. 102-83 substituted ``administered by the Secretary'' for
``administered by the Veterans' Administration''.
1982--Pub. L. 97-258 substituted ``section 1322(a) of title 31'' for
``the last proviso of subsection (a) of section 725s of title 31''.
