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54 U.S.C. § 101116 — Corporate powers
Federal law — U.S. Code and appendices · legal_authorities
The National Park Foundation shall have the power to enter into contracts, to execute instruments, and generally to do any and all lawful acts necessary or appropriate to its purposes.
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Source location: Title 54, Chapter 1011, § 101116; chapter-1011-chapter-1011.md
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The National Park Foundation shall have the power to enter into contracts, to execute instruments, and generally to do any and all lawful acts necessary or appropriate to its purposes.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, Pub. L. 90–209, § 6, Dec. 18, 1967, 81 Stat. 657, related to authority for execution of contracts, instruments, and necessary or appropriate acts. See [section 101116 of Title 54](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title54-section101116&num=0&edition=prelim), National Park Service and Related Programs.
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Federal law — U.S. Code and appendices · legal_authorities
Page 34
TITLE 54—NATIONAL PARK SERVICE AND RELATED PROGRAMS
§ 101115
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
101114 .........
16 U.S.C. 19h.
Pub. L. 90–209, § 4, Dec. 18,
1967, 81 Stat. 656; Pub. L.
106–176,
title
III,
§ 305,
Mar. 10, 2000, 114 Stat. 33.
§ 101115. Corporate succession and powers and
duties acting as trustee; personal liability for
malfeasance
(a)
PERPETUAL
SUCCESSION.—The
National
Park Foundation shall have perpetual succes-
sion.
(b) POWERS AND DUTIES OF TRUSTEE.—The Na-
tional 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 person-
ally liable, except for malfeasance.
(Pub. L. 113–287, § 3, Dec. 19, 2014, 128 Stat. 3121.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
101115 .........
16 U.S.C. 19i.
Pub. L. 90–209, § 5, Dec. 18,
1967, 81 Stat. 657.
§ 101116. Corporate powers
The National Park Foundation shall have the
power to enter into contracts, to execute instru-
ments, and generally to do any and all lawful
acts necessary or appropriate to its purposes.
(Pub. L. 113–287, § 3, Dec. 19, 2014, 128 Stat. 3121.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
101116 .........
16 U.S.C. 19j.
Pub. L. 90–209, § 6, Dec. 18,
1967, 81 Stat. 657.
§ 101117. Authority of Board
In carrying out this chapter, the Board may—
(1) adopt bylaws and regulations necessary
for the administration of its functions; and
(2) contract for any necessary services.
(Pub. L. 113–287, § 3, Dec. 19, 2014, 12
Source: Supplied 2024 U.S. Code historical extraction · 54 U.S.C. § 101116
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.