Title 38, Veterans' BenefitsRelease 119-102

§7805 Revolving Fund

Title 38 › PART V — BOARDS, ADMINISTRATIONS, AND SERVICES › CHAPTER 78 — VETERANS’ CANTEEN SERVICE › § 7805

Last updated Aug 21, 2026|Official source

Summary

Keep the revolving fund in a checking account at the U.S. Treasury; the Secretary may move needed amounts into bank or interest‑bearing accounts for canteens.

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

Aug 21, 2026

Release point: 119-102