20 USC 1503: Contributions
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20 USC 1503: Contributions Text contains those laws in effect on January 23, 2000
From Title 20-EDUCATIONCHAPTER 34-NATIONAL COMMISSION ON LIBRARIES AND INFORMATION SCIENCE

§1503. Contributions

The Commission is authorized to accept, hold, administer, and utilize gifts, bequests, and devises of property, both real and personal, for the purpose of aiding or facilitating the work of the Commission. Gifts, bequests, and devises of money and proceeds from sales of other property received as gifts, bequests, or devises shall be deposited in the Treasury and shall be available for disbursement upon the order of the Commission.

( Pub. L. 91–345, §4, July 20, 1970, 84 Stat. 441 ; Pub. L. 102–95, §3, Aug. 14, 1991, 105 Stat. 479 .)

Amendments

1991-Pub. L. 102–95 amended section generally. Prior to amendment, section read as follows: "The Commission shall have authority to accept in the name of the United States grants, gifts, or bequests of money for immediate disbursement in furtherance of the functions of the Commission. Such grants, gifts, or bequests, after acceptance by the Commission, shall be paid by the donor or his representative to the Treasurer of the United States whose receipts shall be their acquittance. The Treasurer of the United States shall enter them in a special account to the credit of the Commission for the purposes in each case specified."