[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1834]
TITLE 25--INDIANS
CHAPTER 20--TRIBALLY CONTROLLED COLLEGE OR UNIVERSITY ASSISTANCE
SUBCHAPTER II--TRIBALLY CONTROLLED COLLEGE OR UNIVERSITY ENDOWMENT
PROGRAM
Sec. 1834. Compliance with matching requirement
For the purpose of complying with the contribution requirement of
section 1832(b)(2)(B) of this title, 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 October 30,
1990, 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 section 1832(b)(2)(B) of this title, 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 section 1832(b)(2)(B) of this title but shall not again be
considered for Federal capital contribution purposes.
(Pub. L. 95-471, title III, Sec. 304, as added Pub. L. 98-192, Sec. 13,
Dec. 1, 1983, 97 Stat. 1342; amended Pub. L. 101-477, Sec. 1(d)(1)(C),
Oct. 30, 1990, 104 Stat. 1153; Pub. L. 105-244, title IX,
Sec. 901(b)(5), (7), Oct. 7, 1998, 112 Stat. 1828.)
Amendments
1998--Pub. L. 105-244 substituted ``controlled college or
university'' for ``controlled community college'' in two places and
``such college or univers
