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2026-07-06 09:52:37 -04:00

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LegalText 10 U.S.C. § 2612 National Defense University: acceptance of gifts us united_states_code code_section 10 ARMED FORCES 155 ACCEPTANCE OF GIFTS AND SERVICES 2612 10 U.S.C. § 2612 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc10@119-100.zip /us/usc/t10/s2612 data/legal/raw/us/code/title-10/usc10.xml 81136ac0108496718db55bf2b22ba0efc0b721b13a924885752a00a3080ae046 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 254167786e27f6dc0ff6d54e66e54b18b069fa4c60d779b9fb525425b7873427 2026-07-04 official
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10 U.S.C. § 2612 - National Defense University: acceptance of gifts

Text

(a) The Secretary of Defense may accept, hold, administer, and spend any gift, including a gift from an international organization and a foreign gift or donation (as defined in section 343(f)(4) of this title), that is made on the condition that it be used in connection with the operation or administration of the National Defense University. The Secretary may pay all necessary expenses in connection with the acceptance of a gift under this subsection.

(b) There is established in the Treasury a fund to be known as the “National Defense University Gift Fund”. Gifts of money, and the proceeds of the sale of property, received under subsection (a) shall be deposited in the fund. The Secretary may disburse funds deposited under this subsection for the benefit or use of the National Defense University.

(c) Subsection (c) of section 2601 of this title applies to property that is accepted under subsection (a) in the same manner that such subsection applies to property that is accepted under subsection (a) of that section.

(d) (1) Upon request of the Secretary of Defense, the Secretary of the Treasury may—

(A) retain money, securities, and the proceeds of the sale of securities, in the National Defense University Gift Fund; and

(B) invest money and reinvest the proceeds of the sale of securities in that fund in securities of the United States or in securities guaranteed as to principal and interest by the United States.

(2) The interest and profits accruing from those securities shall be deposited to the credit of the fund and may be disbursed as provided in subsection (b).

(e) In this section:

(1) the term “gift” includes a devise of real property or a bequest of personal property and any gift of an interest in real property.

(2) The term “National Defense University” includes any school or other component of the National Defense University specified under section 2165(b) of this title.

(f) The Secretary of Defense shall prescribe regulations to carry out this section.

(Added Pub. L. 107314, div. A, title IX, § 931(a), Dec. 2, 2002, 116 Stat. 2624; amended Pub. L. 108136, div. A, title IX, § 931(d), Nov. 24, 2003, 117 Stat. 1581; Pub. L. 11591, div. A, title X, § 1081(a)(44), Dec. 12, 2017, 131 Stat. 1596.)

Notes

Editorial Notes

Amendments2017—Subsec. (a). Pub. L. 11591 substituted “section 343(f)(4)” for “section 2166(f)(4)”. 2003—Subsec. (a). Pub. L. 108136 substituted “2166(f)(4)” for “2611(f)”.