US Code

Public Law 119-73 (01/23/2026)

25 U.S.C. § 2510

The tribally controlled grant school endowment program

(a)

In general

(1)

Establishment

Each school receiving a grant under this chapter may establish, at a federally insured financial institution, a trust fund for the purposes of this section.

(2)

Deposits and use

The school may provide—
(A)
for deposit into the trust fund, only funds from non-Federal sources, except that the interest on funds received from grants provided under this chapter may be used for that purpose;
(B)
for deposit into the trust fund, any earnings on funds deposited in the fund; and
(C)
for the sole use of the school any noncash, in-kind contributions of real or personal property, which may at any time be used, sold, or otherwise disposed of.
(b)

Interest

1

1 See References in Text note below.
Interest from the fund established under subsection (a) may periodically be withdrawn and used, at the discretion of the school, to defray any expenses associated with the operation of the school consistent with the purposes of this Act.

Pub. L. 100–297, title V, § 5211Pub. L. 107–110, title X, § 1043115 Stat. 2078(, as added , , .)

Editorial Notes

References in Text

Pub. L. 100–297Pub. L. 100–297section 2501 of this titleThis Act, referred to in subsec. (b), is and probably should be “this part”, meaning part B of title V of , known as the Tribally Controlled Schools Act of 1988, which is classified generally to this chapter. For complete classification of part B to the Code, see Short Title note set out under and Tables.

Prior Provisions

Pub. L. 100–297, title V, § 5211102 Stat. 394Pub. L. 107–110, title X, § 1043115 Stat. 2063section 2509 of this titleA prior section 2510, , , , related to regulations, prior to repeal by , , . See .

Statutory Notes and Related Subsidiaries

Effective Date

section 5 of Pub. L. 107–110section 6301 of Title 20Section effective , except with respect to certain noncompetitive programs and competitive programs, see , set out as a note under , Education.