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Title 24USC / Chapter X / Subchapter II

 

Chapter 10 Armed Forces Retirement Home

 

Subchapter 2 Transitional Provisions

 

§431 Transfer of trust funds relating to Naval Home and Soldiers' and Airmen's Home

 

(a) Initial transfer

 

(1) On November 5, 1990, all monies in the funds named in paragraph (2) shall be transferred to the appropriate account in the Armed Forces Retirement Home Trust Fund, and those funds shall terminate.

 

(2) The funds referred to in paragraph (1) are the following:

 

(A) Soldiers' Home, permanent fund, referred to in paragraph (59) of section 13221(a) of title 31.

 

(B) Soldiers' Home interest fund referred to in paragraph (81) of such section.

 

(C) Personal funds of deceased inmates Naval Home, referred to in paragraph (5) of such section.

 

(D) Any new category of funds created for the Naval Home or the United States Soldiers' and Airmen's Home before November 5, 1990.

 

(b) Subsequent transfers. After the termination of funds referred to in subsection (a) of this section, any monies that would be deposited into one of those funds but for the termination of that fund under subsection (a) of this section shall be deposited into the Armed Forces Retirement Home Trust Fund.

 

(Pub. L. 101–510, div. A, title XV, §1531, Nov. 5, 1990, 104 Stat. 1732,; Repealed Pub. L. 107–107, div. A, title XIV, §1409, Dec. 28, 2001, 115 Stat. 1265)