FEDERAL · 20 U.S.C. · Chapter 3
Acceptance of other sums
Current through Pub. L. 119-102
The Secretary of the Treasury is authorized and directed to receive into the Treasury, on the same terms as the original bequest of James Smithson, such sums as the Regents may, from time to time, see fit to deposit, not exceeding, with the original bequest, the sum of $1,000,000. This shall not operate as a limitation on the power of the Smithsonian Institution to receive money or other property by gift, bequest, or devise, and to hold and dispose of the same in promotion of the purposes thereof.
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20 U.S.C. § 55 (Acceptance of other sums) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Forman, Paul v. Small, Lawrence M.
271 F.3d 285 (D.C. Circuit, 2001)
Petition of the United States on Behalf and for the Benefit of Smithsonian Institution
(District of Columbia, 2019)
Source Credit
History
(R.S. §5591; Mar. 12, 1894, ch. 36, 28 Stat. 41.)
Editorial Notes
Editorial Notes
Codification
R.S. §5591 derived from act Feb. 5, 1867, ch. 34, §1, 14 Stat. 391.
Amendments
1894—Act Mar. 12, 1894, made limitation on deposits into the Treasury inapplicable to receipt of gifts, bequests and devises and dispositions of money or other property.
Codification
R.S. §5591 derived from act Feb. 5, 1867, ch. 34, §1, 14 Stat. 391.
Amendments
1894—Act Mar. 12, 1894, made limitation on deposits into the Treasury inapplicable to receipt of gifts, bequests and devises and dispositions of money or other property.