54 U.S.C. · National Park Service and Related Programs
54 U.S.C. § 101115

Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

Ch. 1011 — DONATIONS
Title 54 U.S.C. ● ACTIVE Primary Source Ch. 1011
Statutory Text

54 U.S.C. § 101115 — Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

U.S.C. Title 54 - NATIONAL PARK SERVICE AND RELATED PROGRAMS 54 U.S.C. United States Code, 2023 Edition Title 54 - NATIONAL PARK SERVICE AND RELATED PROGRAMS Subtitle I - National Park System DIVISION A - ESTABLISHMENT AND GENERAL ADMINISTRATION CHAPTER 1011 - DONATIONS SUBCHAPTER II - NATIONAL PARK FOUNDATION Sec. 101115 - Corporate succession and powers and duties acting as trustee; personal liability for malfeasance From the U.S. Government Publishing Office, www.gpo.gov

§101115. Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

(a) Perpetual Succession.—The National Park Foundation shall have perpetual succession. (b) Powers and Duties of Trustee.—The National Park Foundation shall have all the usual powers and obligations of a corporation acting as a trustee, including the power to sue and to be sued in its own name. (c) Personal Liability of Board Members.—The members of the Board shall not be personally liable, except for malfeasance.

(Pub. L. 113–287, §3, Dec. 19, 2014, 128 Stat. 3121.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

101115 16 U.S.C. 19i. Pub. L. 90–209, §5, Dec. 18, 1967, 81 Stat. 657.

Source: uscode.house.gov — public domain Official Source ↗
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54 U.S.C. § 101115
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The statutory text of 54 U.S.C. § 101115 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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