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22 U.S.C. § 10604 — Corporate powers and obligations of the Foundation

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 10604 — Corporate powers and obligations of the Foundation

**(a) General authority** (1) **In general** — The Foundation— (A) may conduct business in foreign countries; (B) shall have its principal offices in the Washington, DC, metropolitan area; and (C) shall continuously maintain a designated agent in Washington, DC, who is authorized to accept notice or service of process on behalf of the Foundation. (2) **Notice and service of process** — The serving of notice to, or service of process upon, the agent referred to in paragraph (1)(C), or mailed to the business address of such agent, shall be deemed as service upon, or notice to, the Foundation. (3) **Audits** — The Foundation shall be subject to the general audit authority of the Comptroller General of the United States under [section 3523 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section3523&num=0&edition=prelim). **(b) Authorities** In addition to powers explicitly authorized under this chapter, the Foundation, in order to carry out the purposes described in [section 10602(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section10602/b&num=0&edition=prelim), shall have the usual powers of a corporation headquartered in Washington, DC, including the authority— (1) to accept, receive, solicit, hold, administer, and use any gift, devise, or bequest, either absolutely or in trust, or real or personal property or any income derived from such gift or property, or other interest in such gift or property located in the United States; (2) to acquire by donation, gift, devise, purchase, or exchange any real or personal property or interest in such property located in the United States; (3) unless otherwise required by the instrument of transfer, to sell, donate, lease, invest, reinvest, re

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Stable record: federal_law:legal_authorities:record_usc_91bcac4ca2b5e0cddf2cefa0
Source file: Laws/federal/codes/united-states-code/title-22/section-10604-corporate-powers-and-obligations-of-the-foundation--c2ab8e51a1.md
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Passage SHA-256: 91a7c5799fa4de04ffb60902044b08d74817d37b57ea81d6d683f3cec24922dc

Source location: Title 22, Chapter 113, § 10604; chapter-113-united-states-foundation-for-international-conservation.md

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**(a) General authority** (1) **In general** — The Foundation— (A) may conduct business in foreign countries; (B) shall have its principal offices in the Washington, DC, metropolitan area; and (C) shall continuously maintain a designated agent in Washington, DC, who is authorized to accept notice or service of process on behalf of the Foundation. (2) **Notice and service of process** — The serving of notice to, or service of process upon, the agent referred to in paragraph (1)(C), or mailed to the business address of such agent, shall be deemed as service upon, or notice to, the Foundation. (3) **Audits** — The Foundation shall be subject to the general audit authority of the Comptroller General of the United States under [section 3523 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section3523&num=0&edition=prelim). **(b) Authorities** In addition to powers explicitly authorized under this chapter, the Foundation, in order to carry out the purposes described in [section 10602(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section10602/b&num=0&edition=prelim), shall have the usual powers of a corporation headquartered in Washington, DC, including the authority— (1) to accept, receive, solicit, hold, administer, and use any gift, devise, or bequest, either absolutely or in trust, or real or personal property or any income derived from such gift or property, or other interest in such gift or property located in the United States; (2) to acquire by donation, gift, devise, purchase, or exchange any real or personal property or interest in such property located in the United States; (3) unless otherwise required by the instrument of transfer, to sell, donate, lease, invest, reinvest, retain, or otherwise dispose of any property or income derived from such property located in the United States; (4) to complain and defend itself in any court of competent jurisdiction (except that the members of the Board shall not be personally liable, except for gross negligence); (5) to enter into contracts or other arrangements with public agencies, private organizations, and persons and to make such payments as may be necessary to carry out the purposes of such contracts or arrangements; and (6) to award grants for eligible projects, in accordance with [section 10606 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section10606&num=0&edition=prelim). **(c) Limitation of public liability** The United States shall not be liable for any debts, defaults, acts, or omissions of the Foundation. The Federal Government shall be held harmless from any damages or awards ordered by a court against the Foundation.

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3523 — General audit authority of the Comptroller General

**(a)** Except as specifically provided by law, the Comptroller General shall audit the financial transactions of each agency. In deciding on auditing procedures and the extent to which records are to be inspected, the Comptroller General shall consider generally accepted auditing principles, including the effectiveness of accounting organizations and systems, internal audit and control, and related administrative practices of each agency. **(b)** The Comptroller General shall audit the Architect of the Capitol at times the Comptroller General considers appropriate. [Section 716 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section716&num=0&edition=prelim) applies to the Architect in conducting the audit. The Comptroller General shall report the results of the audit to Congress. Each report shall be printed as a Senate document. **(c)** (1) When the Comptroller General decides an audit shall be conducted at a place at which the records of an executive agency or the Architect of the Capitol are usually kept, the Comptroller General may require the head of the agency or the Architect to keep any part of an account of an accountable official or of a record required to be submitted to the Comptroller General. The Comptroller General may require records be kept under conditions and for a period of not more than 10 years specified by the Comptroller General. However, the Comptroller General and the head of the agency or the Architect may agree on a longer period. (2) The Comptroller General and the head of an agency in the legislative or judicial branch of the United States Government (except the Architect) may agree to apply this subsection to the agency.

Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 3523

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 10606 — Projects and grants

**(a) Project funding requirements** (1) **In general** — The Foundation shall— (A) provide grants to support eligible projects described in paragraph (3) that advance its mission to enable effective management of primarily protected and conserved areas and their contiguous buffer zones in eligible countries; (B) advance effective landscape or seascape approaches to conservation that include buffer zones, wildlife dispersal and corridor areas, and other effective area-based conservation measures; and (C) not purchase, own, or lease land, including conservation easements, in eligible countries. (2) **Eligible entities** — Eligible entities shall include— (A) not-for-profit organizations with demonstrated expertise in protected and conserved area management and economic development; (B) governments of eligible partner countries, as determined by subsection (b), with the exception of governments and government entities that are prohibited from receiving grants from the Foundation pursuant to [section 10607 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section10607&num=0&edition=prelim); and (C) Indigenous and local communities in such eligible countries. (3) **Eligible projects** — Eligible projects shall include projects that— (A) focus on supporting— (i) transparent and effective long-term management of primarily protected or conserved areas and their contiguous buffer zones in countries described in subsection (b), including terrestrial, coastal, and marine protected or conserved areas, parks, community conservancies, Indigenous reserves, conservation easements, and biological reserves; and (ii) other effective area-based conservation measures; (B) are cost-matched at a ratio of not less than $2

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 10606

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 10604 — Corporate powers and obligations of the

Page 2349 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 10604 lows, trainees, and other agents of the Foundation (including ex-officio members of the Board and appointed members of the Board) who fail to uphold the ethical and conflict of interest standards established pursuant to clause (iii); (vi) policies for winding down the activi- ties of the Foundation upon its dissolu- tion, including a plan— (I) to return unspent appropriations to the Treasury of the United States; and (II) to donate unspent private and phil- anthropic contributions to projects that align with the goals and requirements described in section 10606 of this title; (vii) policies for vetting implementing partners and grantees to ensure the Foun- dation does not provide grants to for profit entities whose primary objective is activi- ties other than conservation activities; and (viii) clawback policies and procedures to be incorporated into grant agreements to ensure compliance with the policies re- ferred to in clause (vii). (B) Requirements The Board shall ensure that the bylaws of the Foundation and the activities carried out under such bylaws do not— (i) reflect unfavorably on the ability of the Foundation to carry out activities in a fair and objective manner; or (ii) compromise, or appear to com- promise, the integrity of any govern- mental agency or program, or any officer or employee employed by, or involved in, a governmental agency or program. (c) Foundation staff Officers and employees of the Foundation— (1) may not be employees of, or hold any of- fice in, the United States Government; (2) may not serve in the employ of any non- governmental organization, project, or person related to or affiliated with any grantee of the Foundation while employed by the Foun

Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 10604

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