U.S. Code > Appendix to Title 50 > ARMY RESERVE AND RETIRED PERSONNEL SERVICE LAW OF 1940— (§ 401_to_405) > ACT AUG. 27, 1940, CH. 689, 54 STAT. 858— (§ 401_to_405) > TITLE II—ALEUTIAN AND PRIBILOF ISLANDS RESTITUTION (§§ 1989c—1989c8) > § 1989c-2. Aleutian and Pribilof Islands Restitution Fund

§ 1989c-2. Aleutian and Pribilof Islands Restitution Fund

(a) Establishment
There is established in the Treasury of the United States the Aleutian and Pribilof Islands Restitution Fund, which shall be administered by the Secretary. The Fund shall consist of amounts appropriated to it pursuant to this title [sections 1989c to 1989c–8 of this Appendix].
(b) Report
The Secretary shall report to the Congress, not later than 60 days after the end of each fiscal year, on the financial condition of the Fund, and the results of operations of the Fund, during the preceding fiscal year and on the expected financial condition and operations of the Fund during the current fiscal year.
(c) Investment
Amounts in the Fund shall be invested in accordance with section 9702 of title 31, United States Code.
(d) Termination
The Secretary shall terminate the Fund 3 years after the date of the enactment of this Act [Aug. 10, 1988], or 1 year following disbursement of all payments from the Fund, as authorized by this title [sections 1989c to 1989c–8 of this Appendix], whichever occurs later. On the date the Fund is terminated, all investments of amounts in the Fund shall be liquidated by the Secretary and receipts thereof deposited in the Fund and all funds remaining in the Fund shall be deposited in the miscellaneous receipts account in the Treasury.