16 U.S.C. § 4602 — Gifts and bequests

FEDERAL · 16 U.S.C. · Chapter 66

Gifts and bequests

Current through Pub. L. 119-102

Title 16 — Conservation·Ch. 66 — TAKE PRIDE IN AMERICA PROGRAM

(a)Authority The Secretary may solicit, accept, hold, administer, invest in government securities, and use gifts and bequests of money and other personal property to aid or facilitate the purposes of the TPIA Program. Property so donated and accepted shall not be subject to sequestration.

(b)Accounting The Secretary shall maintain a full accounting of such gifts and bequests.

(c)Treatment of donations, etc. For purposes of Federal law, property accepted pursuant to this section shall be considered as a gift, bequest, or devise to the United States.

(d)Use of property Any property and the proceeds thereof shall be used as nearly as practicable in accordance with the terms of the gift or bequest.

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(a) Authority
The Secretary may solicit, accept, hold, administer, invest in government securities, and use gifts and bequests of money and other personal property to aid or facilitate the purposes of the TPIA Program. Property so donated and accepted shall not be subject to sequestration.
(b) Accounting
The Secretary shall maintain a full accounting of such gifts and bequests.
(c) Treatment of donations, etc.
For purposes of Federal law, property accepted pursuant to this section shall be considered as a gift, bequest, or devise to the United States.
(d) Use of property
Any property and the proceeds thereof shall be used as nearly as practicable in accordance with the terms of the gift or bequest.

16 U.S.C. § 4602 (Gifts and bequests) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 101–628, title XI, §1103, Nov. 28, 1990, 104 Stat. 4502.)

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