Notice: The uscode.house.gov website is currently operating in a temporary format. While the United States Code remains available from its authoritative source, some website features and functionality are temporarily unavailable.
The United States Code Online is current through Public Law 119-120 (October 7, 2026).
Search & Browse Currency and Updating Classification Tables Popular Name Tool Positive Law Codification Editorial Reclassification Downloads
54 U.S.C. 101115: Corporate succession and powers and duties acting as trustee; personal liability for malfeasanceText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 54-NATIONAL PARK SERVICE AND RELATED PROGRAMSCHAPTER 1011-DONATIONS
Jump To: Source CreditHistorical and Revision Notes

§101115. Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

(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. 113–287, § 3 , Dec. 19, 2014 , 128 Stat. 3121 .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

101115

16 U.S.C. 19i.

Pub. L. 90–209, § 5, Dec. 18, 1967, 81 Stat. 657.