{"identifier":"/us/usc/t20/s74a","title":20,"num":"\u00a7\u202f74a.","heading":"Permanent loan of funds by Board of Trustees to Treasury; semiannual interest payments to Board","text":"\u00a7\u202f74a.\nPermanent loan of funds by Board of Trustees to Treasury; semiannual interest payments to Board\nThe Secretary of the Treasury is authorized and directed to receive into the Treasury from time to time as a permanent loan by the Board of Trustees of the National Gallery of Art to the United States sums in cash of not to exceed $5,000,000 in the aggregate, and to pay interest on the principal amount of such loan at a rate which is the higher of the rate of 4 per centum per annum or a rate which is .25 percentage points less than a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding long-term marketable obligations of the United States, adjusted to the nearest one-eighth of 1 per centum, payable semiannually. Such interest is permanently appropriated for payment to the Board of Trustees of the National Gallery of Art.","url":"https://projectusc.org/usc/t20/s74a.html","content":[{"t":"sec","id":"/us/usc/t20/s74a","children":[{"t":"num","text":"\u00a7\u202f74a."},{"t":"heading","text":"Permanent loan of funds by Board of Trustees to Treasury; semiannual interest payments to Board"},{"t":"content","text":"\n","children":[{"t":"p","text":"The Secretary of the Treasury is authorized and directed to receive into the Treasury from time to time as a permanent loan by the Board of Trustees of the National Gallery of Art to the United States sums in cash of not to exceed $5,000,000 in the aggregate, and to pay interest on the principal amount of such loan at a rate which is the higher of the rate of 4 per centum per annum or a rate which is .25 percentage points less than a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding long-term marketable obligations of the United States, adjusted to the nearest one-eighth of 1 per centum, payable semiannually. Such interest is permanently appropriated for payment to the Board of Trustees of the National Gallery of Art.","tail":"\n"}]},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}