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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 36 U.S.C. § 300109 Endowment fund us united_states_code code_section 36 PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 3001 THE AMERICAN NATIONAL RED CROSS 300109 36 U.S.C. § 300109 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip /us/usc/t36/s300109 data/legal/raw/us/code/title-36/usc36.xml 01d9f5d71c4e655581c7743a591366cd3616e587aa3c699a41a120c086a8602e d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d f58fa0e205ac11e5adfc20ac48279c38b94166d4836f43776985593ba9ae0738 2026-07-04 official
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us-code

36 U.S.C. § 300109 - Endowment fund

Text

The endowment fund of the corporation shall be kept and invested under the management and control of a board of trustees elected by the board of governors. The corporation shall prescribe policies and regulations on terms and tenure of office, accountability, and expenses of the board of trustees.

(Pub. L. 105225, Aug. 12, 1998, 112 Stat. 1493; Pub. L. 11026, § 9, May 11, 2007, 121 Stat. 109.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 30010936:9.Jan. 5, 1905, ch. 23, § 8, as added June 23, 1910, ch. 372, § 2, 36 Stat. 604; May 8, 1947, ch. 50, § 7, 61 Stat. 83. The words “from time to time” are omitted [as] unnecessary.

Editorial Notes

Amendments2007—Pub. L. 11026 struck out “nine” before “trustees elected” in first sentence and substituted “The corporation shall prescribe policies and regulations on terms and tenure of office, accountability, and expenses of the board of trustees.” for “The board of governors shall prescribe regulations on terms and tenure of office, accountability, and expenses of the board of trustees.”