 
           CHAPTER 31--GENERAL PROVISIONS CONCERNING EDUCATION
 
              SUBCHAPTER II--APPROPRIATIONS AND EVALUATIONS
 
                         Part 1--Appropriations
 
Sec. 1226a-1. Payments; installments, advances or reimbursement, 
        and adjustments
        
    Payments pursuant to grants or contracts under any applicable 
program may be made in installments, and in advance or by way of 
reimbursement, with necessary adjustments on account of overpayments or 
underpayments, as the Secretary may determine.

(Pub. L. 90-247, title IV, Sec. 423, formerly Sec. 425, as added Pub. L. 
91-230, title IV, Sec. 401(a)(10), Apr. 13, 1970, 84 Stat. 170; 
renumbered Sec. 435, Pub. L. 92-318, title III, Sec. 301(a)(1), June 23, 
1972, 86 Stat. 326; renumbered Sec. 415, Pub. L. 95-561, title XII, 
Sec. 1231(a)(1), Nov. 1, 1978, 92 Stat. 2342; renumbered Sec. 423 and 
amended Pub. L. 103-382, title II, Secs. 212(b)(1), 261(a), Oct. 20, 
1994, 108 Stat. 3913, 3927.)

                          Codification

    Section was formerly classified to section 1232d of this title prior 
to its renumbering by Pub. L. 95-561.


                            Prior Provisions

    A prior section 423 of Pub. L. 90-247 was classified to section 
1231b of this title prior to repeal by Pub. L. 103-382.
    Another prior section 423 of Pub. L. 90-247 was renumbered section 
439, and is classified to section 1232b of this title.


                               Amendments

    1994--Pub. L. 103-382, Sec. 261(a), substituted ``Secretary'' for 
``Commissioner''.
