United States Code (Last Updated: May 24, 2014) |
Title 16. CONSERVATION |
Chapter 1. NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES |
SubChapter III. NATIONAL PARK FOUNDATION |
§ 19i. Corporate succession; powers and duties of trustee; suits; personal liability for malfeasance
Latest version.
-
The Foundation shall have perpetual succession, with 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, but the members of the Board shall not be personally liable, except for malfeasance.