United States Code · Section
§ 101115 — Corporate Succession And Powers And Duties Acting As Trustee; Personal Liability For Malfeasance
54 U.S.C. § 101115
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(a) The National Park Foundation shall have perpetual succession.
(b) 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) The members of the Board shall not be personally liable, except for malfeasance.
Implementing Regulations
No implementing regulations found.