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U.S. Code, Title 20, Education
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 5606. Establishment of Morris K. Udall Scholarship and Excellence in National Environmental Policy Trust Fund
(a) Establishment of Trust Fund
There is established in the Treasury of the United States a trust fund to be known as the "Morris K. Udall Scholarship and Excellence in National Environmental Policy Trust Fund" to be administered by a Foundation. The Trust Fund shall consist of amounts appropriated to it pursuant to section 5609(a) of this title and amounts credited to it under subsection (b) of this section.
(b) Investment of Trust Fund assets
(1) 1In general.—It shall be the duty of the Secretary of the Treasury to invest, at the direction of the Foundation Board, in full the amounts appropriated to the Trust Fund. Such investments shall be in public debt securities with maturities suitable to the needs of the Trust Fund. Investments in public debt securities shall bear interest "at rates determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States" of comparable maturity.
1 So in original. No par. (2) has been enacted.
(Pub. L. 102–259, § 8, Mar. 19, 1992, 106 Stat. 82; Pub. L. 105–156, § 9, Feb. 11, 1998, 112 Stat. 12.)
1998—Subsec. (a). Pub. L. 105–156, § 9(a), substituted "The Trust Fund" for "The fund" and "5609(a)" for "5609".
Subsec. (b). Pub. L. 105–156, § 9(b), substituted "Trust Fund" for "Fund" in two places.
Section Referred to in Other Sections
This section is referred to in sections 5602, 5607a of this title.
Contents:
Chicago:
"U.S. Congress, Office of the Law Revision Counsel", "§ 5606. Establishment of Morris K. Udall Scholarship and Excellence in National Environmental Policy Trust Fund," U.S. Code, Title 20, Education in U.S. Code, Title 20, Education (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed July 11, 2025, http://www.originalsources.com/Document.aspx?DocID=DJW7YPTRL1GB6ZL.
MLA:
"U.S. Congress, Office of the Law Revision Counsel". "§ 5606. Establishment of Morris K. Udall Scholarship and Excellence in National Environmental Policy Trust Fund." U.S. Code, Title 20, Education, in U.S. Code, Title 20, Education, Washington, D.C., Government Printing Office, 2002, Original Sources. 11 Jul. 2025. http://www.originalsources.com/Document.aspx?DocID=DJW7YPTRL1GB6ZL.
Harvard:
"U.S. Congress, Office of the Law Revision Counsel", '§ 5606. Establishment of Morris K. Udall Scholarship and Excellence in National Environmental Policy Trust Fund' in U.S. Code, Title 20, Education. cited in 2002, U.S. Code, Title 20, Education, Government Printing Office, Washington, D.C.. Original Sources, retrieved 11 July 2025, from http://www.originalsources.com/Document.aspx?DocID=DJW7YPTRL1GB6ZL.
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