16 USC 19i: Corporate succession; powers and duties of trustee; suits; personal liability for malfeasance
Text contains those laws in effect on January 4, 1995
From Title 16-CONSERVATIONCHAPTER 1-NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORESSUBCHAPTER III-NATIONAL PARK FOUNDATION
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§19i. Corporate succession; powers and duties of trustee; suits; personal liability for malfeasance
The Foundation shall have perpetual succession, with 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, but the members of the Board shall not be personally liable, except for malfeasance.