All documents authorizing obligations or disbursements charged against funds derived from appropriations made to the Administration shall be signed by the Administrator or by the officer or employee delegated by him to authorize said documents.
The resources in the “Industrial Capital Fund of the General Services Administration”, which is hereinafter created, shall be used in such a way as to permit the Administration operations to be carried out, subject to the provisions of the law or regulations governing them.
Whenever it becomes necessary to advance funds of the Administration to private persons, such advances may be authorized by the Administrator as prescribed by the Secretary of the Treasury. Advances shall be secured by bonds which shall cover the liability of the Administrator and which shall be [processed] pursuant to Section 119 of the Political Code.
History —July 23, 1974, No. 164, Part 1, p. 752, § 10.