An Act relating to the Trust Territory of the Pacific Islands
PL 92-257 (S.860), enacted 03/21/1972

86 STAT. ] 
PUBLIC LAW 92-257-MAR. 21, 1972 ' 
87 
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CHAPTER I I I 
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CLAIMS AND JUDGMENTS 
For payment of claims settled and determined by departments and 
agencies in accord with law and judgments rendered against the 
United States by the United States Court of Claims and United 
States district courts, as set forth in House Document Numbered 
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92-262, Ninety-second Congress, $5,111,059, together with such 
amounts as may be necessary to pay interest (as and when specified in 
such judgments or provided by law) and such additional sums due to 
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increases in rates of exchange as may be necessary to pay claims in 
foreign currency: Provided^ That no judgment herein appropriated 
for shall be paid until it shall become final and conclusive against the 
United States by failure of the parties to appeal or otherwise: 
Provided further^ That unless otherwise specifically required by law 
or by judgment, payment of interest wherever appropriated for herein 
shall not continue for more than thirty days after the date of approval 
of the Act. 
CHAPTER IV 
GENERAL PROVISION 
No part of any appropriation contained in this Act shall remain 
available for obligation beyond the current fiscal year unless expressly 
so provided herein. 
Approved March 21, 1972. 
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Public Law 92-257 
AN ACT 
March 21, 1972 
Relating to the Trust Territory of the Pacific Islands. 
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Pacific Islands. 
Be it enacted hy the Senate aiid House of Representatives 
of the 
United States of America in Con,gress assembled. 
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SECTION 1. For the purpose of promoting economic development in Eco^o^mic^o"-"'^^ 
the Trust Territory of the Pacific Islands, there is authorized to be veiopment Loan 
appropriated to the Secretary of the Interior, for payment to the gov- ""'^* 
ernment of the Trust Territory of the Pacific Islands as a grant in 
accordance with the provisions of this title, an amount which when 
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added to the development fund established pursuant to section 3 of the 
Act of August 22, 1964 (78 Stat. 601), as augmented by subsequent 
Federal grants, will create a total fund of $5,000,000, which shall 
thereafter be known as the Trust Territory Economic Development 
Loan Fund. 
SEC. 2. The grant authorized by section 1 shall be made only after 
Pi^n for use. 
the government of the Trust Territory of the Pacific Islands has 
submitted to the Secretary of the Interior a plan for the use of the 
grant, and the plan has been approved by the Secretaiy. The plan shall 
provide among other things for a revolving fund to make loans or 
to guarantee loans to private enterprise. The torni of any loan made 
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pursuant to the plan shall not exceed twenty-five yeai'S. 
SEC. 3. No loan or loan guarantee shall be made under this title to 
Restrictions. 
any applicant who does not satisfy the territorial administering agency 
that financing is otherwise unavailable on reasonable tonus and con-
ditions. No loan or loan guarantee shall exceed (1) the amount which 
can reasonably be expected to be repaid, (2) the minimum amount 
necessary to accomplish the purposes of this title, or 25 per centum 
82-081 O - 73 - 9 
PUBLIC LAW 92-258-MAR. 22, 1972 
[86 STAT. 
Annual report. 
Audit. 
of the funds appropriated pursuant to section 1. Xo loan o\iarantee 
shall guarantee more than 90 per centum of the outstanding amount 
of any loan, and the reserves maintained to guarantee the loan shall 
not be less than 25 per centum of the guarantee. 
SEC. 4. The plan provided for in section 2 shall set fortli such fiscal 
control and accounting procedures as may be necessary to assure proper 
disbursement, repayment, and accounting for such funds. 
SEC. 5. The High Commissioner of the Trust Territory of the Pacific 
Islands shall make an annual report to the Secretary of the Interior 
on the administration of this title. 
SEC. 6. The Comptroller General of the United States, or any of 
his duly authorized representatives, shall have access, for the purpose 
of audit and examination, to any relevant books, documents, papers, 
or records of tlie government of the Trust Territory of the Pacific 
Islands. 
Approved March 21, 1972. 
March 22, 1972 
[S. 1163] 
Public Law 92-258 
AN ACT 
To amend the Older Americans Act of 1965 to provide grants to States for the 
establishment, maintenance, operation, and expansion of low-cost meal projects, 
nutrition training and education projects, opportunity for social contacts, and 
for other purposes. 
Older Americans 
Act of 1965, 
amendment. 
Nutrition pro-
grams. 
79 Stat. 225; 
83 Stat. I l l , 114. 
42 u s e 3051. 
42 u s e 3044. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America i7i Congress assembled, 
SECTION 1. Title V I I of the Older Americans Act of 1965 is redesig-
nated as title VIII, and sections 701 through 705 of that Act are respec-
tively redesignated as sections 801 through 805. 
SEC. 2. The Older Americans Act of 1965 is amended by inserting 
the following new title immediately after title VI thereof: 
"TITLE VII—NUTRITION PROGRAM FOR T H E ELDERLY 
42 u s e 3031. 
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FINDINGS AND PURPOSE 
"SEC. 701. (a) The Congress finds that the research and development 
nutrition projects for the elderly conducted under title IV of the 
Older Americans Act have demonstrated the effectiveness of, and the 
need for, permanent nationwide projects to assist in meeting the 
nutritional and social needs of millions of persons aged sixty or older.