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20 U.S.C. § 959aGifts, bequests, and devises

submitted 21 years ago by Pub. L. 109-54 to r/title-20-EDUCATION · 133 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

The National Endowment for the Arts and the National Endowment for the Humanities are on and after August 2, 2005, authorized to solicit, accept, receive, and invest in the name of the United States, gifts, bequests, or devises of money and other property or services and to use such in furtherance of the functions of the National Endowment for the Arts and the National Endowment for the Humanities. Any proceeds from such gifts, bequests, or devises, after acceptance by the National Endowment for the Arts or the National Endowment for the Humanities, shall be paid by the donor or the representative of the donor to the Chairman. The Chairman shall enter the proceeds in a special interest-bearing account to the credit of the appropriate endowment for the purposes specified in each case.

Source credit: (Pub. L. 109–54, title IV, § 410, Aug. 2, 2005, 119 Stat. 551.)

history & why it existsrecord from the source credit
  • 2005Enacted · Pub. L. 109-54 · 119 Stat. 551

A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-54 on 2005-08-02.

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