FEDERAL · 15 U.S.C. · Chapter 40
Acceptance of gifts and bequests for purposes of the Department; separate fund; disbursements
15 U.S.C. § 1522
Title15 — Commerce and Trade
Chapter40 — DEPARTMENT OF COMMERCE
This text of 15 U.S.C. § 1522 (Acceptance of gifts and bequests for purposes of the Department; separate fund; disbursements) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 U.S.C. § 1522.
Text
The Secretary of Commerce is hereby authorized to accept, hold, administer, and utilize gifts and bequests of property, both real and personal, for the purpose of aiding or facilitating the work of the Department of Commerce. Gifts and bequests of money and the proceeds from sales of other property received as gifts or bequests shall be deposited in the Treasury in a separate fund and shall be disbursed upon order of the Secretary of Commerce. Property accepted pursuant to this provision, and the proceeds thereof, shall be used as nearly as possible in accordance with the terms of the gift or bequest.
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Related
Peugeot Motors of America, Inc. v. Eastern Auto Distributors, Inc., Peugeot Motors of America, Inc. v. Eastern Auto Distributors, Inc.
892 F.2d 355 (Fourth Circuit, 1990)
Empire Volkswagen, Inc. v. World-Wide Volkswagen Corp.
627 F. Supp. 1202 (S.D. New York, 1986)
Employment Status of "Volunteers" Connected with Federal Advisory Committees
(Office of Legal Counsel, 1982)
Authority to Solicit Gifts
(Office of Legal Counsel, 2001)
Source Credit
History
(Pub. L. 88–611, §1, Oct. 2, 1964, 78 Stat. 991.)
Editorial Notes
Editorial Notes
Codification
Section was formerly classified to section 608a of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.
Statutory Notes and Related Subsidiaries
Transfer of Funds
Pub. L. 88–611, §4(b), Oct. 2, 1964, 78 Stat. 991, provided that: "All gifts and bequests received under the provisions of law repealed by subsection (a) of this section [which repealed section 278a of this title, section 883g of Title 33, Navigation and Navigable Waters, and section 1126(g) of former Title 46, Shipping] and all funds held on the date of enactment of this Act [Oct. 2, 1964] in the United States Merchant Marine Academy general gift fund, established by subsection (g) of section 216 of the Merchant Marine Act, 1936 [section 1126(g) of former Title 46], shall be transferred to the fund authorized by this Act [sections 1522 to 1524 of this title] and shall be administered in accordance with the provisions of this Act [sections 1522 to 1524 of this title]."
Codification
Section was formerly classified to section 608a of Title 5 prior to the general revision and enactment of Title 5, Government Organization and Employees, by Pub. L. 89–554, §1, Sept. 6, 1966, 80 Stat. 378.
Statutory Notes and Related Subsidiaries
Transfer of Funds
Pub. L. 88–611, §4(b), Oct. 2, 1964, 78 Stat. 991, provided that: "All gifts and bequests received under the provisions of law repealed by subsection (a) of this section [which repealed section 278a of this title, section 883g of Title 33, Navigation and Navigable Waters, and section 1126(g) of former Title 46, Shipping] and all funds held on the date of enactment of this Act [Oct. 2, 1964] in the United States Merchant Marine Academy general gift fund, established by subsection (g) of section 216 of the Merchant Marine Act, 1936 [section 1126(g) of former Title 46], shall be transferred to the fund authorized by this Act [sections 1522 to 1524 of this title] and shall be administered in accordance with the provisions of this Act [sections 1522 to 1524 of this title]."
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Bluebook (online)
15 U.S.C. § 1522, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/1522.