Title 38 — Veterans' BenefitsRelease 119-73not60
§7805 Revolving Fund
Title 38 › Part V— BOARDS, ADMINISTRATIONS, AND SERVICES › Chapter 78— VETERANS’ CANTEEN SERVICE › § 7805
Summary
Keep the revolving fund money in a checking account at the U.S. Treasury. The Secretary can move whatever amounts are needed to set up and run each canteen’s operating account into checking or other interest‑earning accounts at banks or depositaries the Secretary chooses.
Full Legal Text
Title 38, §7805
Veterans' Benefits — Source: USLM XML via OLRC
The revolving fund shall be deposited in a checking account with the Treasury of the United States. Such amounts thereof as the Secretary may determine to be necessary to establish and maintain operating accounts for the various canteens may be deposited in checking accounts or other interest-bearing accounts in other depositaries selected by the Secretary.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1991—Pub. L. 102–40 renumbered section 4205 of this title as this section. Pub. L. 102–83 substituted “Secretary” for “Administrator” in two places. 1988—Pub. L. 100–322 inserted “or other interest-bearing accounts” after “checking accounts”.
Reference
Citations & Metadata
Citation
38 U.S.C. § 7805
Title 38 — Veterans' Benefits
Last Updated
Apr 5, 2026
Release point: 119-73not60