Sec. 3. Rights and obligations of the Foundation
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/bill/113/hr/263/ih/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 4 of the National Fish and Wildlife Foundation Establishment Act ( 16 U.S.C. 3703 ) is amended— in subsection (c)— by striking
(c)and inserting the following: Powers .—To carry out its purposes under To carry out the purposes described in ; by redesignating paragraphs
(1)through
(11)as subparagraphs
(A)through (K), respectively, and indenting appropriately; in subparagraph
(D)(as redesignated by subparagraph (B)), by striking that are insured by an agency or instrumentality of the United States and inserting at 1 or more financial institutions that are members of the Federal Deposit Insurance Corporation or the Securities Investment Protection Corporation ; in subparagraph
(E)(as redesignated by subparagraph (B)), by striking paragraph
(3)or
(4)and inserting subparagraph
(C)or
(D); in subparagraph
(J)(as redesignated by subparagraph (B)), by striking ; and and inserting a semicolon; by striking subparagraph
(K)(as redesignated by subparagraph (B)) and inserting the following: to receive and administer restitution and community service payments, amounts for mitigation of impacts to natural resources, and other amounts arising from legal, regulatory, or administrative proceedings, subject to the condition that the amounts are received or administered for purposes that further the conservation and management of fish, wildlife, plants, and other natural resources; and to do any and all acts necessary and proper to carry out the purposes of the Foundation. ; and by striking the undesignated matter at the end and inserting the following: For purposes of this Act, an interest in real property shall be treated as including easements or other rights for preservation, conservation, protection, or enhancement by and for the public of natural, scenic, historic, scientific, educational, inspirational, or recreational resources. A gift, devise, or bequest may be accepted by the Foundation even though the gift, devise, or bequest is encumbered, restricted, or subject to beneficial interests of private persons if any current or future interest in the gift, devise, or bequest is for the benefit of the Foundation. The acceptance and administration of amounts by the Foundation under paragraph (1)(K) does not alter, supersede, or limit any regulatory or statutory requirement associated with those amounts. ; by striking subsections
(f)and (g); and by redesignating subsections
(h)and
(i)as subsections
(f)and (g), respectively.
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Sec. 3
Rights and obligations of the Foundation
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