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Title 20, EducationRelease 119-110

§4017 Recovery of Costs

Title 20 › CHAPTER 52 — EDUCATION FOR ECONOMIC SECURITY › SUBCHAPTER V — ASBESTOS SCHOOL HAZARD ABATEMENT › § 4017

Last updated Sep 22, 2026|Official source

Summary

To get a loan or grant under this program, the recipient must let the United States sue, on the recipient’s behalf, anyone the Attorney General finds liable for costs the recipient paid under the program. If the United States (or the recipient, if it sues itself) wins money in that suit, the money must be used to repay the United States into the Asbestos Trust Fund. The repayment must equal the loan balance and any grant plus interest equal to what a commercial lender would have charged at prevailing rates (as set by the Administrator). The Attorney General must try to recover the money quickly from people who are liable.

Full Legal Text

Title 20, §4017

Education, Source: USLM XML via OLRC

(a)Loan condition
(1)As a condition of the award of any financial assistance under section 4014 of this title, the recipient of any such loan or grant shall permit the United States to sue on behalf of such recipient any person determined by the Attorney General to be liable to the recipient for the costs of any activities undertaken by the recipient under such section.
(2)The proceeds from any judgment recovered in any suit brought by the United States under paragraph (1) (or, if the recipient files a similar suit on its own behalf, the proceeds from a judgment recovered by the recipient in such suit) shall be used to repay to the United States, by deposit in the Asbestos Trust Fund established by section 4022 of this title, to the extent that the proceeds are sufficient to provide for such repayment, an amount equal to the sum of—
(A)the amount (i) outstanding on any loan and (ii) of any grant made to the recipient; and
(B)an amount equal to the interest which would have been charged on such loan were the loan made by a commercial lender at prevailing interest rates (as determined by the Administrator).
(b)Expeditious recovery
The Attorney General shall, where appropriate, proceed in an expeditious manner to recover the amounts expended by the United States to carry out this subchapter from the persons identified by the Attorney General as being liable for such costs.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1990—Pub. L. 101–637, § 14(a)(8), inserted section catchline. Subsec. (a). Pub. L. 101–637, § 14(b)(10), inserted heading. Subsec. (a)(1). Pub. L. 101–637, § 14(c)(5), substituted “section” for “sections” after “such”. Subsec. (a)(2). Pub. L. 101–637, § 9, inserted “by deposit in the Asbestos Trust Fund established by section 4022 of this title,” after “repay to the United States,”. Subsec. (b). Pub. L. 101–637, § 14(b)(11), inserted heading.

Reference

Citations & Metadata

Citation

20 U.S.C. § 4017

Title 20, Education

Last Updated

Sep 22, 2026

Release point: 119-110