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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 54 U.S.C. § 101115 Corporate succession and powers and duties acting as trustee; personal liability for malfeasance us united_states_code code_section 54 NATIONAL PARK SERVICE AND RELATED PROGRAMS 1011 DONATIONS 101115 54 U.S.C. § 101115 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc54@119-100.zip /us/usc/t54/s101115 data/legal/raw/us/code/title-54/usc54.xml 6c0240055ff5b115818bef97b350da68b1dbd120e5d9b7b9269ec6e4a58d6481 ae37e9ba9ffe98b17fb5695939469d1407e46b028e81e9ffb76abd1481eeb360 dfb82d7a067f31d177e7161769dac79037c09866b14a5ac14e9b13da65f3a11a 2026-07-04 official
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54 U.S.C. § 101115 - Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

Text

(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. 113287, § 3, Dec. 19, 2014, 128 Stat. 3121.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 10111516 U.S.C. 19i.Pub. L. 90209, § 5, Dec. 18, 1967, 81 Stat. 657.