20 U.S.C. § 195 — Gifts, bequests, or devises for benefit of National Arboretum; separate fund in the Treasury

FEDERAL · 20 U.S.C. · Chapter 11

Gifts, bequests, or devises for benefit of National Arboretum; separate fund in the Treasury

20 U.S.C. § 195

Chapter11 — NATIONAL ARBORETUM

This text of 20 U.S.C. § 195 (Gifts, bequests, or devises for benefit of National Arboretum; separate fund in the Treasury) 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

20 U.S.C. § 195.

Text

Notwithstanding any other provision of law, the Secretary of Agriculture is authorized to solicit, accept, receive, hold, utilize, and administer on behalf of the United States gifts, bequests, or devises of real and personal property made for the benefit of the National Arboretum or for the carrying out of any of its functions. For the purposes of the Federal income, estate, and gift tax laws, property accepted under the authority of this section shall be considered as a gift, bequest, or devise to the United States. Any gift of money accepted pursuant to the authority granted in this section, or the net proceeds from the liquidation of any property so accepted, or the proceeds of any insurance on any gift property not used for its restoration shall be deposited in the Treasury of the Uni

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Notwithstanding any other provision of law, the Secretary of Agriculture is authorized to solicit, accept, receive, hold, utilize, and administer on behalf of the United States gifts, bequests, or devises of real and personal property made for the benefit of the National Arboretum or for the carrying out of any of its functions. For the purposes of the Federal income, estate, and gift tax laws, property accepted under the authority of this section shall be considered as a gift, bequest, or devise to the United States. Any gift of money accepted pursuant to the authority granted in this section, or the net proceeds from the liquidation of any property so accepted, or the proceeds of any insurance on any gift property not used for its restoration shall be deposited in the Treasury of the United States for credit to a separate fund and shall be disbursed upon order of the Secretary of Agriculture.

Source Credit

History

(Mar. 4, 1927, ch. 505, §5, as added Pub. L. 94–129, Nov. 13, 1975, 89 Stat. 683; amended Pub. L. 104–127, title VIII, §890(a), Apr. 4, 1996, 110 Stat. 1181.)

Editorial Notes

Editorial Notes

Amendments
1996—Pub. L. 104–127 inserted "solicit," after "authorized to" in first sentence.

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Bluebook (online)

20 U.S.C. § 195, Counsel Stack Legal Research, https://law.counselstack.com/usc/20/195.