42 USC 12682 – Actions under national service laws to be subject to availability of appropriations
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No action involving the obligation or expenditure of funds may be taken under one of the national service laws (as defined in section 12511(15) 1 of this title) unless and until the Corporation for National and Community Service has sufficient appropriations available at the time such action is taken to satisfy the obligation to be incurred or make the expenditure to be made.
Terms Used In 42 USC 12682
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.