Sec. 2. Authority of Library of Congress to accept gifts and bequests
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The first undesignated paragraph of section 4 of the Act entitled An Act to create a Library of Congress Trust Fund Board, and for other purposes , approved March 3, 1925 ( 2 U.S.C. 160 ), is amended— in the first sentence, by striking in the name of the United States and all that follows and inserting the following: in the name of the United States and in the interest of the Library, its collections, or its service gifts or bequests of personal property, nonpersonal services, voluntary and uncompensated personal services, or money for immediate disbursement. ; in the second sentence, by inserting of money after bequests ; and in the third sentence, by striking enter them and inserting enter the gift, bequest, or proceeds .
The first undesignated paragraph of section 4 of such Act ( 2 U.S.C. 160 ) is amended by inserting after the first sentence the following new sentence: In the case of a gift of securities, the Librarian shall sell the gift and provide the donor with a receipt from the proceeds of the sale. .
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Sec. 2
Authority of Library of Congress to accept gifts and bequests
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