31-U.S.C.-3562

§3562 – Disposition of Recovered Funds

Pathway

Title 31 > Subtitle III > Chapter 35 > Subchapter VI > Section 3562

Details

• Reference: Section 3562
• Legend: §3562 – Disposition of Recovered Funds
• USCode Year: 2013

Provision Content

(a) Availability of Funds for Recovery Audits and Activities Program.—Funds collected under a program carried out by an executive agency under section 3561  of this title shall be available to the executive agency for the following purposes:

(1) To reimburse the actual expenses incurred by the executive agency in the administration of the program.

(2) To pay contractors for services under the program in accordance with the guidance issued under section 3561(c)(5)  of this title.

[(b), (c). Repealed. Pub. L. 111–204, §2(h)(6)(A)(i), July 22, 2010, 124 Stat. 2231.]

(Added Pub. L. 107–107, div. A, title VIII, §831(a)(1), Dec. 28, 2001, 115 Stat. 1187; Pub. L. 111–204, §2(h)(6)(A), July 22, 2010, 124 Stat. 2231.)

References in Text

Section 3561 of this title, referred to in subsec. (a), was repealed by Pub. L. 111–204, §2(h)(6)(A)(i), July 22, 2010, 124 Stat. 2231.

Codification

Pub. L. 111–204, §2(h)(6)(A), July 22, 2010, 124 Stat. 2231, provided that this section is repealed except that subsec. (a) shall continue in effect, but references in such subsec. to programs carried out under section 3561 of this title shall be interpreted to mean programs carried out under section 2(h) of Pub. L. 111–204, which is set out as a note under section 3321 of this title.

Amendments

2010—Pub. L. 111–204 repealed section but provided that subsec. (a) was to continue in effect, with certain exceptions. See Codification note above. Prior to amendment, in addition to subsec. (a), section contained subsecs. (b) and (c) which related to treatment of funds not used for program under section 3561 of this title and priority of other authorized dispositions, respectively.

U.S. Encyclopedia of Law Coverage

31-U.S.C.-3562 in the Legal Encyclopedia: Financial Management

In this entry about 31-U.S.C.-3562, find legal reference material, bibliographies and premiere content related to financial management in the American Encyclopedia of Law, presenting a comprehensive view of the United States financial management-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 31 (Money And Finance) guided by subject interests.