§ 101115. Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

79 words·~1 min read·/usc/title-54/section-101115

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(a)Perpetual Succession.— The National Park Foundation shall have perpetual succession.

(b)Powers and Duties of Trustee.— 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)Personal Liability of Board Members.— The members of the Board shall not be personally liable, except for malfeasance.

(Pub. L. 113–287, § 3, Dec. 19, 2014, 128 Stat. 3121.)

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U.S. Code

§ 19i
Repealed. Pub. L. 113–287, § 7, Dec. 19, 2014, 128 Stat. 3272

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public-private-law

To enact title 54, United States Code, “National Park Service and Related Programs”, as positive law.Dec
Public Law 113-287

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128 Stat. 3121

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§ 101115

Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

U.S.C.×1

Pub. L.Public Law 113-287

Stat.128 Stat. 3121

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