 
      CHAPTER 28--HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE
 
                    SUBCHAPTER IV--STUDENT ASSISTANCE
 
              Part B--Federal Family Education Loan Program
 
Sec. 1078-4. Commingling of funds

    Notwithstanding any other provision of this part regarding 
permissible uses of funds from any source, funds received by a guaranty 
agency under any provision of this part may be commingled with funds 
received under any other provision of this part and may be used to carry 
out the purposes of such other provision, except that--
        (1) the total amount expended for the purposes of such other 
    provision shall not exceed the amount the guaranty agency would 
    otherwise be authorized to expend; and
        (2) the authority to commingle such funds shall not relieve such 
    agency of any accounting or auditing obligations under this part.

(Pub. L. 89-329, title IV, Sec. 428D, as added Pub. L. 99-498, title IV, 
Sec. 402(a), Oct. 17, 1986, 100 Stat. 1393.)
