Disclosures of foreign gifts
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Title 20—EDUCATION > CHAPTER 28—HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER I—GENERAL PROVISIONS > Part B—Additional General Provisions
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Whenever any institution is owned or controlled by a foreign source or receives a gift from or enters into a contract with a foreign source, the value of which is $250,000 or more, considered alone or in combination with all other gifts from or contracts with that foreign source within a calendar year, the institution shall file a disclosure report with the Secretary on January 31 or July 31, whichever is sooner.
( Pub. L. 89–329, title I, § 117 , as added Pub. L. 105–244, title I, § 101(a) , Oct. 7, 1998 , 112 Stat. 1593 .)
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