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54 U.S.C. § 101115

Title 54 Chapter 1011 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 101115. Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

  • (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.

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