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.